FOMC September 2024 dot plot and central tendencies of economic forecasts

Here is the dot plot from June 2024:

Here is the dot plot from September 2024:

Below is the table economic forecasts for GDP, Unemployment, PCE inflation and Core PCE inflation.

Summary of the eocnomic projections:

• GDP steady
• Unemployment rate moved higher with 4.4% the peak
• PCE inflation lower. To 2.1% by end of 2025 and 2.0% by EOY 2026
• Core PCE inflation lower. To 2.2% from 2.3% in 2025 and 2.0% by EOY 2026.

This article was written by Greg Michalowski at www.forexlive.com.