FOMCs Summary Of Economic Projections
from the Kansas Fed
—- this post authored by George A. Kahn and Andrew Palmer
In 2012, the Federal Open Market Committee (FOMC) added the federal funds rate to its quarterly Summary of Economic Projections (SEP). As a result, in addition to providing their individual projections of inflation, unemployment, and real GDP growth up to three years into the future, participants in FOMC meetings – including Federal Reserve Board governors and Bank presidents – also began providing their projections of the associated path for the target federal funds rate.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201604230536
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