• Fed: U.S. GDP will grow by 2.3% to 3% in 2013

Market news

12 December 2012

Fed: U.S. GDP will grow by 2.3% to 3% in 2013

 

 

The unemployment rate was 7.4% -7.7% in 2013

The Fed predicts the unemployment rate at 6.8% -7.3% in 2014, 6.0% -6.6% in 2015

Fed slightly lowered its forecast for the unemployment rate 2013

Fed officials expect inflation will remain at or below the target level of 2.0% to 2015

Fed slightly lowered its forecast of inflation in 2013

Fed forecasts inflation of 1.3% -2.0% in 2013

Fed expects longer-term inflation at 2.0%

Fed forecasts that GDP growth in the longer term will be 2.3% -2.5%

Core inflation will be 1.6% -1.9% in 2013, 1.6% -2.0% in 2014, 1.8% -2.0% in 2015

In the long term unemployment rate was 5.2% -6.0%


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