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Federal Reserve Staff Predicts Faster Economic Growth Than in October
Summary: According to reports, the economic outlook presented by Federal Reserve meeting minutes mentioned that overall, compared to the forecasts prepared for the October meeting, the actual GDP growth rate is expected to accelerate slightly by 2028. This is mainly due to expectations of greater support from financial market conditions and enhanced expectations of potential output ...
According to reports, the economic outlook presented by Federal Reserve meeting minutes mentioned that overall, compared to the forecasts prepared for the October meeting, the actual GDP growth rate is expected to accelerate slightly by 2028. This is mainly due to expectations of greater support from financial market conditions and enhanced expectations of potential output growth. After 2025, as the negative impact of high tariffs diminishes and fiscal policy and financial market conditions continue to support spending, it is expected that GDP growth will remain above the potential growth rate by 2028. Therefore, it is expected that the unemployment rate will gradually decline after this year and reach a level slightly below the natural unemployment rate estimated by staff in 2027. Overall, staff inflation forecasts for 2025 and 2026 are slightly lower than those presented at the October meeting, but forecasts for 2027 and 2028 are similar to previous ones.
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Link: Federal Reserve Staff Predicts Faster Economic Growth Than in October [Copy]
