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Summary of Economic Projections, Release Date: 2024-03-20


Name  
Summary of Economic Projections    
 
Link    
http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm    
 
Source    
U.S. Federal Open Market Committee    
Federal Reserve Bank of St. Louis    

63 Series Revisions

FOMC Summary of Economic Projections for the Fed Funds Rate, Median
Annual, Not Seasonally Adjusted, FEDTARMD
Units # of New/Revised Obs. Last Observation
Percent 3 2026 3.1
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint
Annual, Not Seasonally Adjusted, GDPC1CTM
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 1.95
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Median
Not Seasonally Adjusted, FEDTARMDLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 2.6
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median
Annual, Not Seasonally Adjusted, GDPC1MD
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 2.0
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint
Annual, Not Seasonally Adjusted, PCECTPICTM
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 2.05
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median
Annual, Not Seasonally Adjusted, UNRATEMD
Units # of New/Revised Obs. Last Observation
Percent 3 2026 4.0
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low
Annual, Not Seasonally Adjusted, FEDTARRL
Units # of New/Revised Obs. Last Observation
Percent 3 2026 2.4
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint
Annual, Not Seasonally Adjusted, FEDTARRM
Units # of New/Revised Obs. Last Observation
Percent 3 2026 3.65
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint
Not Seasonally Adjusted, GDPC1CTMLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 1.85
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, Midpoint
Annual, Not Seasonally Adjusted, JCXFECTM
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 2.05
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint
Annual, Not Seasonally Adjusted, FEDTARCTM
Units # of New/Revised Obs. Last Observation
Percent 4 2026 3.00
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Median
Annual, Not Seasonally Adjusted, PCECTPIMD
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 2 2026 2.0
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, High
Annual, Not Seasonally Adjusted, FEDTARCTH
Units # of New/Revised Obs. Last Observation
Percent 4 2026 3.4
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint
Annual, Not Seasonally Adjusted, UNRATECTM
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 3 2026 4.10
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Median
Annual, Not Seasonally Adjusted, JCXFEMD
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 2 2026 2.0
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High
Not Seasonally Adjusted, FEDTARRHLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 3.8
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High
Annual, Not Seasonally Adjusted, FEDTARRH
Units # of New/Revised Obs. Last Observation
Percent 1 2026 4.9
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median
Not Seasonally Adjusted, GDPC1MDLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 1.8
 
Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median
Not Seasonally Adjusted, UNRATEMDLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 4.1
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low
Not Seasonally Adjusted, FEDTARCTLLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 2.5
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, High
Annual, Not Seasonally Adjusted, JCXFECTH
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 2.1
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint
Not Seasonally Adjusted, FEDTARRMLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 3.10
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High
Annual, Not Seasonally Adjusted, UNRATERH
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 3 2026 4.3
 
Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Median
Not Seasonally Adjusted, PCECTPIMDLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.0
 
Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint
Not Seasonally Adjusted, PCECTPICTMLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.0
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low
Not Seasonally Adjusted, FEDTARRLLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 2.4
 
Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint
Not Seasonally Adjusted, UNRATECTMLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 1 2024-03-20 4.05
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low
Annual, Not Seasonally Adjusted, GDPC1RL
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 1.7
 
FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low
Annual, Not Seasonally Adjusted, FEDTARCTL
Units # of New/Revised Obs. Last Observation
Percent 4 2026 2.6
 
Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low
Not Seasonally Adjusted, PCECTPICTLLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.0
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint
Not Seasonally Adjusted, FEDTARCTMLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 2.80
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, High
Not Seasonally Adjusted, GDPC1RHLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.5
 
Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, High
Not Seasonally Adjusted, FEDTARCTHLR
Units # of New/Revised Obs. Last Observation
Percent 1 2024-03-20 3.1
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint
Not Seasonally Adjusted, GDPC1RMLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.05
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High
Annual, Not Seasonally Adjusted, UNRATECTH
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 2 2026 4.3
 
Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High
Not Seasonally Adjusted, UNRATERHLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 1 2024-03-20 4.3
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low
Annual, Not Seasonally Adjusted, PCECTPICTL
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 2.0
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint
Annual, Not Seasonally Adjusted, GDPC1RM
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 2.10
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint
Annual, Not Seasonally Adjusted, UNRATERM
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 4 2026 4.00
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, High
Annual, Not Seasonally Adjusted, GDPC1RH
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 2 2026 2.5
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low
Annual, Not Seasonally Adjusted, GDPC1CTL
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 1.8
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High
Not Seasonally Adjusted, GDPC1CTHLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.0
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, Low
Annual, Not Seasonally Adjusted, JCXFECTL
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 2.0
 
Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Range, Low
Not Seasonally Adjusted, PCECTPIRLLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 2.0
 
FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High
Annual, Not Seasonally Adjusted, GDPC1CTH
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 4 2026 2.1
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, High
Annual, Not Seasonally Adjusted, JCXFERH
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2026 2.3
 
FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low
Annual, Not Seasonally Adjusted, UNRATECTL
Units # of New/Revised Obs. Last Observation
Fourth Quarter, Percent 3 2026 3.9
 
Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low
Not Seasonally Adjusted, GDPC1CTLLR
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 1 2024-03-20 1.7
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, High
Annual, Not Seasonally Adjusted, PCECTPICTH
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 3 2026 2.1
 
FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, Low
Annual, Not Seasonally Adjusted, JCXFERL
Units # of New/Revised Obs. Last Observation
Fourth Quarter to Fourth Quarter Percent Change 2 2026 2.0
 

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