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๐Ÿ“„ Economics/GDP - Regional Fed Estimates.md contributed by ๐Ÿ‘ค @KGBicheno

GDP Regional Fed Estimates

Go back to [[Economics main page]]

"If you ask two Economists for an opinion, youโ€™ll 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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