The Federal Open Market Committee Forecasts 2.1% Real GDP Growth in 2024

Saturday, 23 March 2024, 06:15

The Federal Reserve projects a 2.1% growth rate for the real GDP in 2024, following a robust 3.2% expansion in the previous quarter and an overall 3.1% growth for 2023. This projection indicates a slight moderation in economic growth compared to the previous year, suggesting a more stable and sustainable pace of expansion for the upcoming period.
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The Federal Open Market Committee Forecasts 2.1% Real GDP Growth in 2024

The Happiest Fed Ever

After growing 3.2 percent in the fourth quarter last year (and 3.1 percent for 2023 overall), the median FOMC projection for 2024 real GDP growth is 2.1 percent.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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