Forex
globalreutersSeptember 18, 20241 Mins read
FOMC September 2024 dot plot and central tendencies of economic forecasts
globalreutersSeptember 18, 20241 Mins read 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.
Related Articles
USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?
The USD/JPY pair moved lower during the morning U.S. session but found...
More from Goolsbee: Feels like we are heading to 2% inflation
Feel like we're headed to 2% inflation.Neutral is a long way below...
USDCHF moves above converged 100 and 200 hour MAs and rockets higher
Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...
Matt Gaetz withdraws name for Attorney General nomination
This article was written by Greg Michalowski at www.forexlive.com.
Leave a comment