Summary of Economic Projections, 2024-12

real GDP growth in 2025: 2.1 %

fed-sep-2024-12-002

unemployment rate in 2025: 4.3 %

fed-sep-2024-12-007

PCE inflation in 2025: 2.5 %

fed-sep-2024-12-012

core PCE inflation in 2025: 2.5 %

fed-sep-2024-12-017

federal funds rate in 2025: 3.9 %

fed-sep-2024-12-021

real GDP growth in 2026: 2 %

fed-sep-2024-12-003

unemployment rate in 2026: 4.3 %

fed-sep-2024-12-008

PCE inflation in 2026: 2.1 %

fed-sep-2024-12-013

core PCE inflation in 2026: 2.2 %

fed-sep-2024-12-018

federal funds rate in 2026: 3.4 %

fed-sep-2024-12-022

real GDP growth in 2027: 1.9 %

fed-sep-2024-12-004

unemployment rate in 2027: 4.3 %

fed-sep-2024-12-009

PCE inflation in 2027: 2 %

fed-sep-2024-12-014

core PCE inflation in 2027: 2 %

fed-sep-2024-12-019

federal funds rate in 2027: 3.1 %

fed-sep-2024-12-023