Key points
Median FOMC core PCE projections by forecast year, %, Q4/Q4 ｜ 2026 raised to 3.4%, with 2027 at 2.5% and 2028 at 2.2%, well above earlier readings
Image source: @robin_j_brooks
2026-09-19
FOMC's 2026 Core PCE Projection Marked Up to 3.4%
Median FOMC core PCE projections by forecast year, %, Q4/Q4 ｜ 2026 raised to 3.4%, with 2027 at 2.5% and 2028 at 2.2%, well above earlier readings
Image source: @robin_j_brooks