GDP grew at an annual rate of 3% in the second quarter of 2024, rebounding from the first quarter’s 1.4% increase, according to the latest data from the Bureau of Economic Analysis. The second quarter’s growth...
Welcome to this July 26th, 2024 edition of Fed Watch. It was a big week this week for data. And what grabbed the big headlines was the second quarter advanced number for GDP came out and it was stronger than we expected it was going to be. I can’t speak for the rest of the ...
We expect the updated dots to signal a total of 3x25bp cuts in 2024 (prev. 1) followed by 6x25bp cuts in 2025 (prev. 4). We expect no policy rate changes in 2026 (terminal rate at 3.00-3.25%, unchanged from June forecast). We foresee modest downward revisions to inflation forecast...
GDP:It’scurrentlygrowing at an annualized rate of 2.8%. Officials forecast it will slow to 2% by year’s end and stay at that level for the next three years Inflation:The Fed’s preferred inflation gauge, the Personal Consumption Expenditures price index, showsprices rose 2.1%for the year ...
2024, by type and maturity + Premium statistics Average lending interest rates in selected countries worldwide 2023 Central bank interest rates in the European Union 2022-2024, by country + Premium statistics Central bank interest rates in the U.S. and Europe 2022-2023, with a forecast to ...
Reports on the Federal Reserve Bank of Philadelphia's survey of professional forecasters indicating raised estimates for U.S. gross domestic product growth in 2004. Lowered expectations for the unemployment rate and inflation; Forecasted yield...
The median GDP growth estimate for 2024 rose to 2.1% from 1.4%, and the projection for unemployment fell to 4% from 4.1%, with similarly upgraded forecasts for 2025 and 2026 as well. All of those numbers are in line with a healthy economy, not one that’s in a recession. ...
18 Dec 2024 19:00 GMTHigh4.50% 4.75% Last releaseImportanceActualForecast Previous 29 Jan 2025 19:00 GMT30 4.50% Next releaseDaysActualForecast Previous Overview Chart History Widget Fed Interest Rate Decision is made eight times a year during the vote among the members of the Federal Open Mark...
the forecast for economic growth in the second half of this year was marked down, largely in response to recent softer-than-expected labor market indicators. The real GDP growth forecast for 2024 as a whole was little changed, though the unemployment rate was expected to be a ...
The Atlanta Fed has lowered its GDP estimate for the third quarter to 0.3%, and the trend is downward. That means the economy is teetering on the verge of another quarter of negative GDP growth. Would that be enough to raise recession alarms? Just five days ago, the Atlanta Fed was proj...