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FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint (FEDTARRM)

Observation:

2026: 3.65 (+ more)   Updated: Dec 13, 2023
2026:  3.65  
2025:  3.90  
2024:  4.65  
2023:  5.40  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Federal Open Market Committee

Source: Federal Reserve Bank of St. Louis  

Release: Summary of Economic Projections  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year. This series represents the midpoint of the range forecast's high and low values established by the Federal Open Market Committee.

Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.

Suggested Citation:

U.S. Federal Open Market Committee and Federal Reserve Bank of St. Louis, FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint [FEDTARRM], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FEDTARRM, February 29, 2024.

RELEASE TABLES

Summary of Economic Projections

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