Wednesday, February 25, 2015

Economic Projections of Federal Reserve Board Members and Federal Reserve Bank Presidents Dec. 2014

Variable                                                               2014             2015            2016                       2017

Change in real GDP
2.3 to 2.4
2.6 to 3.0
2.5 to 3.0
2.3 to 2.5





Unemployment rate
5.8
5.2 to 5.3
5.0 to 5.2
4.9 to 5.3
PCE inflation
1.2 to 1.3
1.0 to 1.6
1.7 to 2.0
1.8 to 2.0

Source: Federal Monetary Policy Report Feb. 24 2015 



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