Fed Releases June FOMC Economic Projections for 2025
The Federal Reserve published economic projections from its June 16-17 policy meeting, offering fresh guidance on growth, inflation, and rates.
The Federal Reserve Board and the Federal Open Market Committee released their closely watched economic projections Wednesday, following the conclusion of the June 16-17 FOMC policy meeting, giving markets and policymakers a window into how Fed officials collectively view the trajectory of the U.S. economy.
The so-called Summary of Economic Projections — commonly known on Wall Street as the "dot plot" — captures individual policymakers' forecasts for key indicators including GDP growth, unemployment, inflation, and the target federal funds rate. The release is among the most scrutinized documents the central bank publishes, as it signals how aggressively or cautiously the Fed expects to move on interest rates in the months and years ahead.
Read more How the GI Bill Failed Black Veterans and Widened the Wealth Gap →
The timing of the release comes as the Fed continues to navigate the tension between stubborn inflation pressures and the risk of overtightening monetary policy in a way that could slow economic growth or push unemployment higher. Investors and economists parse each projection update for any shift in the consensus view among the 19 FOMC participants.
The projections are updated quarterly and serve as a forward guidance tool, helping businesses, consumers, and financial markets calibrate expectations around borrowing costs, investment decisions, and overall economic planning. Any meaningful revision from prior forecasts typically moves bond yields and equity markets within minutes of publication.
Continue reading at FRB: Press Release - All Releases
