14:09 ECONX Fed Projections- September Update
Variable | Central Tendency (Sept 2014) | ||||
2014 | 2015 | 2016 | 2017 | Longer Run | |
Change in real GDP | 2.0 to 2.2 | 2.6 to 3.0 | 2.6 to 2.9 | 2.3 to 2.5 | |
June Projection | 2.1 to 2.3 | 3.0 to 3.2 | 2.5 to 3.0 | N/A | 2.1 to 2.3 |
Unemployment Rate | 5.9 to 6.0 | 5.4 to 5.6 | 5.1 to 5.4 | 4.9 to 5.3 | 5.2 to 5.5 |
June Projection | 6.0 to 6.1 | 5.4 to 5.7 | 5.1 to 5.5 | N/A | 5.2 to 5.5 |
PCE Inflation | 1.5 to 1.7 | 1.6 to 1.9 | 1.7 to 2.0 | 1.9 to 2.0 | 2 |
June Projection | 1.5 to 1.7 | 1.5 to 2.0 | 1.6 to 2.0 | N/A | 2 |
Core PCE Inflation | 1.5 to 1.6 | 1.6 to 1.9 | 1.8 to 2.0 | 1.9 to 2.0 | |
June Projection | 1.5 to 1.6 | 1.6 to 2.0 | 1.7 to 2.0 | N/A |