A New Data Set on Monetary Policy: the Economic Forecasts of Individual Members of the FOMC
12 Pages Posted: 11 Aug 2009 Last revised: 23 Jul 2023
Date Written: August 2009
Abstract
This paper describes a new data set of the forecasts of output growth, inflation, and unemployment prepared by individual members of the Federal Open Market Committee. The paper discusses the scope of the data set, possibilities for extending it, and some potential uses. It offers a preliminary examination of some of the cross-sectional features of the data.
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