Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint
This dataset tracks longer run fomc summary of economic projections for the civilian unemployment rate, range, midpoint over time.
Latest Value
4.00
Year-over-Year Change
2.56%
Date Range
2/18/2009 - 6/18/2025
Summary
Represents the Federal Open Market Committee's long-term projection for civilian unemployment rate. Provides critical forward-looking economic forecasting for policymakers and investors.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This summary captures the FOMC's range and midpoint estimates for future unemployment, reflecting monetary policy expectations and economic outlook.
Methodology
FOMC members provide confidential projections based on economic models and current data.
Historical Context
Guides monetary policy decisions and provides market expectations for future employment trends.
Key Facts
- Represents expert economic consensus
- Influences Federal Reserve policy decisions
- Provides forward-looking unemployment insights
FAQs
Q: What does the FOMC unemployment projection mean?
A: Represents expert estimates of long-term unemployment trends. Helps understand potential economic conditions.
Q: How accurate are these projections?
A: Projections are informed estimates subject to economic uncertainties. Provide directional guidance rather than precise predictions.
Q: How often are these projections updated?
A: Typically updated quarterly during FOMC economic projection meetings.
Q: Why do investors care about these projections?
A: Provides insights into potential monetary policy and economic health. Influences investment strategies.
Q: What factors influence these unemployment projections?
A: Economic indicators, global economic conditions, and anticipated policy changes impact forecasts.
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Citation
U.S. Federal Reserve, Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint (UNRATERMLR), retrieved from FRED.