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. Source