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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% in 2025 — higher than September's projection of ...
Headline inflation accelerated as expected in December, while core inflation, which strips out more volatile food and energy prices, rose 3.2% year over year, according to the Bureau of Labor ...
Blue Chip Economic Indicators is a monthly survey and associated publication by Wolters Kluwer collecting macroeconomic forecasts related to the economy of the United States. [1] The survey polls America's top business economists, collecting their forecasts of U.S. economic growth, inflation, interest rates, and a host of other critical ...
The Survey of Professional Forecasters (SPF) is a quarterly survey of macroeconomic forecasts for the economy of the United States issued by the Federal Reserve Bank of Philadelphia. It is the oldest such survey in the United States. The survey includes an "anxious index" that estimates the probability of a decline in real GDP. [1]
"Solid increases in energy and food prices at the end of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price Index in December. If realized, the annual rate of inflation will ...
On a monthly basis, economists forecast the PPI for July rose 0.3% expected compared to 1.1% during prior month and 10.4% expected on the year versus 11.3% in June.
Even with some not-so-good news on inflation at the start of the year, most economists (88 percent) still expect that the Fed will cut interest rates at some point in 2024. ... US economy has a 33 ...