FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low (PCECTPICTL)

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Source: Federal Reserve Bank of St. Louis  

Source: U.S. Federal Open Market Committee

Release: Summary of Economic Projections  

Units:  Fourth Quarter to Fourth Quarter Percent Change, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Projections of personal consumption expenditures (PCE) inflation rate are fourth quarter growth rates, that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. PCE inflation rate is the percentage rates of change in the price index for personal consumption expenditures (PCEPI). 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; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the low value of the central tendency forecast established by the Federal Open Market Committee.

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