- The Fed lowered its forecast for economic growth in 2012, expects growth in unemployment, lower inflation
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The Fed lowered its forecast for economic growth in 2012, expects growth in unemployment, lower inflation
The Fed expects the U.S. GDP growth over the longer term will be from 2.3% to 2.5%
The Fed expects the unemployment rate will be 8.0% -8.2% in 2012, 7.5% -8.0% in 2013, 7.0% -7.7% in 2014
The Fed expects that in the longer term, unemployment will be 5.2% -6.0%
The Fed expects that inflation will be 1.2% -1.7% in 2012, 1.5% -2.0% in 2013, 1.6% -2.0% in 2014
16 out of 19 members of the Operations Committee on the open market expects rates to be lower amount, or 0.25% to end 2012
16 out of 19 members of the committee expects that the long-term target interest rate will be 4.0% or higher
13 of 19 committee members expect the Fed rates will not rise until 2014 or 2015
11 of 19 committee members expect the rate will be lower, or 0.75% before the end of 2014
13 of 19 committee members expect the rate will be lower, or 0.25% to end 2013
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