How the Fed’s projections for future rates of interest have developed
A chart with an animated line that reveals the evolution of the federal funds goal charge from March 2018 to March 2023. As the road animates, containers seem that present the vary of Federal Open Market Committee members’ projections for future charges. As of March 2023, the goal charge is 5 %. The most recent projections present, on common, a rise by the top of 2023 and reduces in subsequent years.
Supply: Federal Reserve
Notice: The speed is the higher restrict of the federal funds goal vary. Projections for future charges return to March 2018.
By Lazaro Gamio
