Federal Reserve Economic Projections Setember 2026 (The Crystal Ball)

The Federal Reserve recently released its September 2026 economic projections. GDP growth is expected to be approximately 2.3% in 2026, followed by moderate growth through 2029. Unemployment is projected to remain relatively stable, while inflation is expected to gradually decline toward the Federal Reserve's 2% target.

(Illustrative Only)

Looking into the crystal
ball of forecasting. 
Part data and
part art.

However, these are projections, not guarantees. Unexpected economic developments could change the outlook. Overall, the projections suggest an economy that is relatively stable, with moderate growth rather than particularly strong expansion.

Federal Reserve Economic Projections: September 2026

• Economic growth: GDP growth is projected at 2.3% in 2026, with moderate growth through 2029.

• Unemployment: The unemployment rate is projected at 4.1% from 2026 through 2029.

• Inflation: PCE inflation is expected to decline from 3.7% in 2026 to the Federal Reserve's 2% target by 2029.

• Interest rates: The federal funds rate is projected to gradually decline from 4.1% in 2026 to 3.6% in 2029.

• Economic outlook: Projections reflect policymakers' expectations and remain subject to economic uncertainty.

Board of Governors of the Federal Reserve System. (2026, September 16). FOMC projections materials. https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260916.htm