Federal Reserve releases examples of new charts that illustrate uncertainty around monetary policymakers' macroeconomic and interest rate projections

[kreslik.news]

The Federal Reserve on Friday released examples of new charts (sometimes called "fan charts") and related materials that illustrate and describe the uncertainty that attends Federal Open Market Committee participants' macroeconomic and interest rate projections.

As indicated in the minutes of the Committee's January-February 2017 meeting, the fan charts will be included in the Summary of Economic Projections (SEP) beginning with the minutes of the March 14-15, 2017, meeting, scheduled for release at 2 p.m. EDT April 5.

The examples and related materials, based on previously published SEP data from September and December 2016, are attached.

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