Home > Releases > Summary of Economic Projections > FOMC Summary of Economic Projections for the Fed Funds Rate, Median
Observation:
2027: 2.9 (+ more) Updated: Sep 18, 2024 2:08 PM CDT2027: | 2.9 | |
2026: | 2.9 | |
2025: | 3.4 | |
2024: | 4.4 |
Units:
Percent,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
|
||
FOMC Summary of Economic Projections for the Fed Funds Rate, Median | 2015-12-16 | 2024-09-18 |
Source | ||
|
||
U.S. Federal Open Market Committee | 2015-12-16 | 2024-09-18 |
Federal Reserve Bank of St. Louis | 2015-12-16 | 2024-09-18 |
Release | ||
|
||
Summary of Economic Projections | 2015-12-16 | 2024-09-18 |
Units | ||
|
||
Percent | 2015-12-16 | 2024-09-18 |
Frequency | ||
|
||
Annual | 2015-12-16 | 2024-09-18 |
Seasonal Adjustment | ||
|
||
Not Seasonally Adjusted | 2015-12-16 | 2024-09-18 |
Notes | ||
|
||
The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year. This series represents the median value of the range forecast established by the Federal Open Market Committee. For each period, the median is the middle projection when the projections are arranged from lowest to highest. When the number of projections is even, the median is the average of the two middle projections. Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677. |
2015-12-16 | 2024-09-18 |