• FOMC Projections and Press Conference Link

    6 days ago - By Calculated Risk

    Statement here .
    Powell press conference video here .
    On the projections , the changes were minor. The projections for GDP in 2018 are near the top of the March range, and the bottom of the range was revised up slightly.
    GDP projections of Federal Reserve Governors and Reserve Bank presidents Change in
    Real GDP 1 2018 2019 2020 Jun 2018 2.7 to 3.0 2.2 to 2.6 1.8 to 2.0 Mar 2018 2.6 to 3.0 2.2 to 2.6 1.8 to 2.1 Dec 2017 2.2 to 2.6 1.9 to 2.3 1.7 to 2.0 1 Projections of change in real GDP and inflation are from the fourth quarter of the previous year to the fourth quarter of the year...
    Read more ...