The Federal Reserve raised the core PCE inflation forecast for the United States in 2025 to 2.5%
Summary of the Federal Reserve's latest economic forecast: Core PCE inflation is expected to be 2.5% in 2025, up from a previous estimate of 2.2%.
Core PCE inflation is expected to be 2.2% in 2026, up from a previous estimate of 2.0%.
Core PCE inflation is expected to be 2.0% in 2027, unchanged from a previous estimate of 2.0%.
PCE inflation is expected to be 2.5% in 2025, up from a previous estimate of 2.1%.
PCE inflation is expected to be 2.1% in 2026, up from a previous estimate of 2.0%.
PCE inflation is expected to be 2.0% in 2027, unchanged from a previous estimate of 2.0%.
PCE inflation over a longer horizon is expected to be 2.0%, unchanged from a previous estimate of 2.0%