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FOMC Summary of Economic Projections
In conjunction with the Federal Open Market Committee (FOMC) meeting held on December 12–13, 2023, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2023 to 2026 and over the longer run. Each participant’s projections were based on information available at the time of the meeting, together with her or his assessment of appropriate monetary policy—including a path for the federal funds rate and its longer-run value—and assumptions about other factors likely to affect economic ... (full story)
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Fed Officials See Lower Inflation, Slower GDP Growth in 2024
— *Walter Bloomberg (@DeItaone) December 13, 2023
Fed Officials See 0.75 Pct-Point Rate Cuts in 2024
Fed Officials See Additional Rate Cuts in 2025, 2026
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Fed Officials See 3.2% Core Inflation at End of 2023, 2.4% at End of 2024, 2.2% at End of 2025, 2.0% at End of 2026
— *Walter Bloomberg (@DeItaone) December 13, 2023
Fed Officials See 2.8% Inflation at End of 2023, 2.4% at End of 2024, 2.1% at End of 2025, 2.0% at End of 2026
Fed Officials See 3.8% Unemployment at End…
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#FOMC #OOTT dot plot pic.twitter.com/bSTQiDG37n
— Crude Oil Report (@crudeoilreport) December 13, 2023
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