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Federal Open Market Committee (FOMC) Economic Projections

Country:
United States
USD, US dollar
Sector:
Money
Medium
Next Event Importance

FOMC Economic Projections is a report containing forecasts of the Federal Open Market Committee for the next two years concerning the following parameters:

  • unemployment;
  • inflation according to the Personal Consumption Expenditures (PCE);
  • GDP;
  • interest rates trajectory (based on individual assessments of voting and non-voting FOMC members).

Forecasts indicating the growth of the interest rate can have a positive effect on USD.