The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...
A widely watched projection from the Federal Reserve Bank of Atlanta got a downgrade Tuesday after a weak government report on retail spending in December. The latest estimate from the Atlanta Fed’s ...