FOMC December 2024 dot plot and central tendencies of financial forecasts

Right here is the dot plot from September 2024 assembly:

Right here is the NEW dot plot from the December 2024 assembly:

Beneath is the desk of financial forecasts for GDP, Unemployment, PCE inflation and Core PCE inflation from the December 2024 assembly.

What modifications for 2025:

Abstract of the financial projections for EOY 2025:

• GDP increased Zero.1% : 2.1% vs 2.Zero% in September
• Unemployment fee down -Zero.1% : four.three% vs four.four% in September
• PCE inflation increased by Zero.four%: . 2.5% vs 2.1% in September
• Core PCE inflation increased by Zero.three% : 2.5% vs 2.2% in September

Response:

• 34 baiss factors of cuts now within the Fed Funds projections vs 48 foundation level cuts earlier than the choice
• Dow 43551 to 43405 at the moment
• S&P 6058 to 6027 at the moment
• Nasdaq 20146 tgo 20004

This text was written by Emma Wang at www.ubaidahsan.com.



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