The US Federal Reserve, Fed has today published its US economic estimates for the coming years. The gross domestic product is estimated to increase next year by 4,2 %, while the September estimate was 4,0%. In 2022 the US GDP is estimated to grow by 3,2 % and in 2023 by 2,4%. The Central bank estimates that the federal funds rate will stay at their current level, at 0,1 %, until 2023.

Unemployment is expected to be 5,0% next year, while this year estimate is 6,7%. In 2022 the unemployment rate is estimated to be 4,2 % and in 2023 3,7%.

Core inflation is expected to increase to 1,8% next year, and be in 2022 1,9% and 2,0% in 2023.

All the estimates are median estimates.

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