Summary of Economic Projections — March 2025
Median projections from Federal Reserve Board members and Reserve Bank presidents.
Published2025-03-19
Extracted figures3
Source classInstitution forecast
Update cadenceQuarterly
Available formatPDF table
Reported figures
Each with its source sentence| Metric | Period | Reported | Forecast |
|---|---|---|---|
| Real GDP growth | 2025 Q4“Change in real GDP 1.7” — Table 1, page 2 · 2025 median · source ↗ | 2025-03-19 | 1.7% |
| Unemployment rate | 2025 Q4“Unemployment rate 4.4” — Table 1, page 2 · 2025 median · source ↗ | 2025-03-19 | 4.4% |
| Headline PCE inflation | 2025 Q4“PCE inflation 2.7” — Table 1, page 2 · 2025 median · source ↗ | 2025-03-19 | 2.7% |