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๐ Node [[gdp regional fed estimates]] exact match
๐ Economics/GDP - Regional Fed Estimates.md contributed by ๐ค @KGBicheno
GDP Regional Fed Estimates
Go back to [[Economics main page]]
"If you ask two Economists for an opinion, youโll get three back."
US central bank = The Fed
Decisions on
- monetary policy
- trading activities like buying or selling bonds
4 different forecasts
- quarterly forecasts of annual GDP
- 3 regional reserve branches add their forecasts (nowcasts, much more current)
Regional Fed forecasts are based on short-term expectations.
- sometimes up to a 1.5% difference in forecasts
Atlanta Fed Nowcast generally has the best reputation

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