Summary of Economic Projections
E17314
The Summary of Economic Projections is a quarterly report in which Federal Reserve policymakers present their forecasts for key U.S. economic indicators and the future path of monetary policy.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Federal Reserve publication
→
economic forecast report → |
| access |
publicly available
→
|
| associatedWith |
Federal Open Market Committee projections
→
Federal Reserve System → |
| contributors |
Federal Reserve Bank presidents
→
Federal Reserve Board governors → |
| country |
United States
→
|
| createdBy |
FOMC participants
→
|
| discloses |
participants’ individual projections, not a consensus forecast
→
|
| format |
charts
→
explanatory text → tables → |
| geographicScope |
U.S. economy
→
|
| hostedOn |
Federal Reserve Board website
→
|
| includes |
central tendency ranges
→
fan charts for uncertainty → full ranges of projections → longer-run normal federal funds rate estimate → longer-run normal unemployment rate estimate → longer-run potential real GDP growth estimate → longer-run projections of key variables → projections of core inflation → projections of inflation → projections of real GDP growth → projections of the federal funds rate → projections of unemployment rate → |
| language |
English
→
|
| legalBasis |
Federal Reserve’s commitment to transparency and communication
→
|
| methodology |
individual projections conditioned on each participant’s view of appropriate monetary policy
→
|
| partOf |
FOMC meeting materials
→
|
| publicationFrequency |
quarterly
→
|
| publishedBy |
Federal Open Market Committee
→
|
| publisher |
Federal Reserve Board of Governors
→
|
| purpose |
to communicate FOMC participants’ economic outlook
→
to provide transparency about future monetary policy → |
| relatedTo |
FOMC minutes
→
FOMC statement → Monetary Policy Report → |
| releaseTiming |
published after FOMC meetings with projection updates
→
|
| replaced |
older FOMC forecast tables in the Monetary Policy Report
→
|
| startDate |
2007
→
|
| subject |
U.S. macroeconomic outlook
→
monetary policy outlook → |
| timeHorizon |
current year and next two calendar years plus longer run
→
|
| usedBy |
economic forecasters
→
financial markets → policy analysts → |
Referenced by (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
Federal Open Market Committee
→
Federal Reserve System → |
publishes |