148
Currency Analyst since 2010

USD: economic forecasts of FOMC members

The FOMC also published forecasts for GDP, unemployment and PCE inflation of its members.

  • The GDP estimates for 2014 were lowered from 2.1-2.3% in June to 2.0-2.2%. American GDP estimates for 2015 were also revised down from 3.0%-3.2% in June to 2.6%-3%. GDP estimates for 2016 were lowered, but there’s an increase for 2017.
  • Estimates of unemployment rate are slightly lower or unchanged.
  • Estimates of PCE inflation show it’s expected to stay below 2%. 

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