Quarterly Forecasts
April 8, 2017
Q117
Q217
Q317
Q417
Q118
Q218
2016
2017
2018
GDP: Annual
1.7
2.6
2.6
2.4
1.9
2.6
1.6
2.3
2.4
GDP: Q4/Q4
1.9
2.3
2.4
CPI: Year/Year
2.7
2.6
2.7
2.5
2.2
2.2
1.3
2.7
2.2
Core CPI: Y/Y
2.3
2.3
2.2
2.2
2.0
2.0
2.2
2.2
2.0
Unemployment Rate
4.6
4.6
4.6
4.5
4.5
4.5
4.9
4.6
4.5
Fed Funds: End Qtr
0.875
0.875
1.125
1.375
1.375
1.625
0.625
1.375
2.125
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