Federal Reserve FOMC Raises GDP and PCE Inflation Expectations for 2026-2028

GateNews

2026-03-18 18:06:22

Gate News reports that on March 18, the Federal Reserve FOMC released economic projections on March 19. Regarding GDP growth, the median forecasts for the end of 2026, 2027, and 2028 are 2.4%, 2.3%, and 2.1%, respectively, compared to previous December forecasts of 2.3%, 2.0%, and 1.9%. For PCE inflation (Personal Consumption Expenditures Price Index), the median forecasts for the end of 2026, 2027, and 2028 are 2.7%, 2.2%, and 2.0%, respectively, compared to previous December forecasts of 2.4%, 2.1%, and 2.0%.

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