The Fed’s Economic Projections

Here are the updated economic projections from today’s FOMC meeting.

The bottom line is that the Fed sees the economy and labor market improving. Most Fed members think that the first rate increase will come next year. The blue dots for interest rate projections are very widely dispersed for 2016. In other words, there’s little consensus on what will happen beyond 18 months out.

Posted by on June 18th, 2014 at 2:34 pm


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