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2025-09-18 02:17:40
The Fed's median forecast for the long-term federal funds rate is 3.000%, the same as the previous value; the median forecast for the long-term unemployment rate is 4.2%, the same as the forecast at the last meeting on June 18, 2025. The median forecast for the unemployment rate in 2025 is 4.5%, the same as the last time. The median forecast for the unemployment rate in 2026 is 4.4%, down from 4.5% last time. The median forecast for the unemployment rate in 2027 is 4.3%, down from 4.4% last time. The median forecast for the unemployment rate in 2028 is 4.2%; the long-term real GDP growth rate The median forecast is 1.8%, the same as last time. The median forecast for GDP growth in 2025 is 1.6%, up from 1.4% last time. The median forecast for GDP growth in 2026 is 1.8%, up from 1.6% last time. The median forecast for GDP growth in 2027 is 1.9%, up from 1.8% last time. The median forecast for GDP growth in 2028 is 1.8%; the median forecast for long-term PCE inflation is 2.0%, the same as last time. The median forecast for PCE inflation in 2025 is 3.0%, up from 1.6% last time. The median forecast for PCE inflation in 2026 is 2.6%, which is an increase from 2.4% in the previous report. The median forecast for PCE inflation in 2027 is 2.1%, which is the same as the previous report. The median forecast for PCE inflation in 2028 is 2.0%. The median forecast for core PCE inflation in 2025 is 3.1%, which is the same as the previous report. The median forecast for core PCE inflation in 2026 is 2.6%, which is an increase from 2.4% in the previous report. The median forecast for core PCE inflation in 2027 is 2.1%, which is the same as the previous report. The median forecast for the 8-year core PCE inflation rate is 2.0%; the median forecast for the long-term federal funds rate is 3.000%, the same as last time; the median forecast for the federal funds rate in 2025 is 3.600%, down from 3.900% last time; the median forecast for the federal funds rate in 2026 is 3.400%, down from 3.600% last time; the median forecast for the federal funds rate in 2027 is 3.100%, down from 3.400% last time; and the median forecast for the federal funds rate in 2028 is 3.100%.
