X

Interest Rate Projections - Current

The Federal Reserve releases the Summary of Economic Projections, the so-called dot-plot, on a quarterly basis. The publication summarizes policymakers' outlook for the federal funds rate, Gross Domestic Product (GDP) growth and Personal Consumption Expenditures (PCE) inflation. It is widely used as a guide to figure out the location of the terminal rate and the possible timing of a policy pivot. Higher projected interest rates usually support the US Dollar, while lower projections weigh down on the USD.

Most recent - Wednesday 18 December 2024 19:00

Previous
4.4%
Actual
4.4%

Next event - Wednesday 19 March 2025 18:00

Previous
4.4%
Actual
-

The typical/expected impact on USD pairs is high.

Trading range

Announcement history

The most recent announced value for Interest Rate Projections - Current was 4.4%.

Past events

Date
Actual
Wednesday 18 December 2024 19:00
4.4%
Wednesday 18 September 2024 18:00
4.4%
Wednesday 12 June 2024 18:00
5.1%
Wednesday 20 March 2024 18:00
4.6%
Wednesday 13 December 2023 19:00
5.4%
Wednesday 20 September 2023 18:00
5.6%
Wednesday 14 June 2023 18:00
5.6%
Wednesday 22 March 2023 18:00
5.1%
Wednesday 14 December 2022 19:00
5.1%
Wednesday 21 September 2022 18:00
4.4%
Wednesday 15 June 2022 18:00
3.4%
Wednesday 16 March 2022 18:00
1.9%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Interest Rate Projections - Current result:

PreviousLatest
Chicago Purchasing Managers' IndexBullish change39.545.5
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.6%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.6%2.5%
Personal Income (MoM)Bullish change0.4%0.9%
Personal SpendingBearish change0.8%-0.2%
Pending Home Sales (MoM)Bearish change-4.1%-4.6%
Core Personal Consumption Expenditures (QoQ)Bullish change2.5%2.7%
Durable Goods OrdersBullish change-1.8%3.1%
Durable Goods Orders ex DefenseBullish change-1.8%3.5%
Durable Goods Orders ex TransportationBearish change0.1%0%
Gross Domestic Product Annualized(no change)2.3%2.3%
Gross Domestic Product Price IndexBullish change2.2%2.4%
Initial Jobless ClaimsBearish change220K242K
Nondefense Capital Goods Orders ex AircraftBullish change0.4%0.8%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.3%2.4%
New Home Sales Change (MoM)Bearish change8.1%-10.5%
Housing Price Index (MoM)(no change)0.4%0.4%
Existing Home Sales Change (MoM)Bearish change2.9%-4.9%
Michigan Consumer Sentiment IndexBearish change67.864.7
UoM 5-year Consumer Inflation ExpectationBullish change3.3%3.5%
S&P Global Composite PMIBearish change52.750.4
S&P Global Manufacturing PMIBullish change51.251.6
S&P Global Services PMIBearish change52.949.7
Initial Jobless ClaimsBearish change214K219K
Philadelphia Fed Manufacturing SurveyBearish change44.318.1
Building Permits (MoM)Bullish change1.482M1.483M
Housing Starts (MoM)Bearish change1.515M1.366M
NY Empire State Manufacturing IndexBullish change-12.65.7

About Interest Rate Projections - Current

Country:United States
Currency:USD
Source:Federal Reserve
Category:Central Banks
Frequency:Irregular

Related events

Australia
RBA Rate Statement
Australia
Australia
RBA Press Conference
Australia
RBA Meeting Minutes
Australia
RBA Monetary Policy Statement
Canada
BoC Press Conference
Canada
Bank of Canada Monetary Policy Report
Canada
BoC Rate Statement
Canada
BoC's Governor Macklem speech
Switzerland
SNB's Chairman Jordan speech
Switzerland
SNB Monetary Policy Assessment
Switzerland
SNB Chairman Schlegel speech
Switzerland
SNB Press Conference
Eurozone
ECB Monetary Policy Decision Statement
Eurozone
ECB Bank Lending Survey
Eurozone
ECB Press Conference
Eurozone
ECB Rate On Deposit Facility
Eurozone
ECB's President Lagarde speech
Japan
BoJ Monetary Policy Statement
Japan
BoJ Press Conference
Japan
BoJ Governor Nominee Ueda speech
New Zealand
RBNZ Rate Statement
New Zealand
RBNZ's Governor Orr speech
New Zealand
RBNZ Press Conference
New Zealand
Monetary Policy Statement
United Kingdom
Monetary Policy Summary
United Kingdom
BoE MPC Vote Rate Cut
United Kingdom
BoE Monetary Policy Report Hearings
United Kingdom
BoE MPC Vote Rate Unchanged
United Kingdom
BoE MPC Vote Rate Hike
United Kingdom
BoE's Governor Bailey speech
United Kingdom
Bank of England Monetary Policy Report
United Kingdom
Bank of England Minutes
United States
Fed's Chair Powell testifies
United States
Interest Rate Projections - 2nd year
United States
Bank Stress Test Info
United States
FOMC Economic Projections
United States
Interest Rate Projections - 1st year
United States
FOMC Press Conference
United States
Interest Rate Projections - 3rd year
United States
Fed's Chair Powell speech
United States
Jackson Hole Symposium
United States
Fed's Monetary Policy Statement
United States
Interest Rate Projections - Longer
United States
FOMC Minutes
Australia
Financial Stability Review
Canada
Switzerland
SNB Quarterly Bulletin
Switzerland
SNB Financial Stability Report
Germany
German Buba Monthly Report
Germany
German Buba President Nagel speech
Eurozone
ECB's Lane speech
Eurozone
ECB's Schnabel speech
Eurozone
ECB's De Guindos speech
Eurozone
ECB's Cipollone speech
Eurozone
ECB's Villeroy speech
Eurozone
ECB Monetary Policy Meeting Accounts
Eurozone
ECB's Elderson speech
Eurozone
Economic Bulletin
Japan
BoJ Outlook Report
Japan
BoJ Monetary Policy Meeting Minutes
Mexico
Monetary Policy Meeting Minutes
New Zealand
RBNZ Financial Stability Report
Singapore
MAS Monetary Policy Decision
United Kingdom
BoE's Mann speech
United Kingdom
BoE's Pill speech
United Kingdom
BoE's Greene speech
United Kingdom
Financial Stability Report
United Kingdom
BoE's Breeden speech
United Kingdom
BoE's Ramsden speech
United Kingdom
BoE's Lombardelli speech
United Kingdom
BoE's Dhingra speech
United Kingdom
BoE's Haskel speech
United Kingdom
BoE's Broadbent speech
United States
Fed's Kugler speech
United States
Fed's Musalem speech
United States
Fed's Bowman speech
United States
Fed's Barr speech
United States
Fed's Collins speech
United States
Fed's Schmid speech
United States
Fed's Kashkari speech
United States
Fed's Bostic speech
United States
Fed's Goolsbee speech
United States
Fed's Daly speech
United States
Fed's Cook speech
United States
Fed's Williams speech
United States
Loan Officer Survey
United States
Fed's Logan speech
United States
Fed's Barkin speech
United States
Fed's Waller speech
United States
Fed Monetary Policy Report
United States
Fed's Beige Book
United States
Fed's Jefferson speech
United States
Fed's Hammack speech
United States
Fed's Mester speech
United States
Fed's Harker speech
 
Continue to site >