Divergence in Interest Rate Projections
Blog: Econbrowser
CBO projection and SPF mean forecast diverge, by nearly a percentage point in 2024. Figure 1: Ten year Treasury yield (black), projected by CBO (tan), SPF mean (blue), TIPS ten year (red), all in %. NBER peak-to-trough recession dates shaded gray. Source: Treasury via FRED, CBO, Philadelphia Fed, NBER. CBO's projection is based on current […]