Blog

Fed’s forecasting edge ebbed prepandemic, persisted in downside inflation surprises


Abstract: We compare Federal Reserve Board staff forecasts with professional forecasts from Blue Chip Economic Indicators for headline Consumer Price Index inflation. The relevant question then is not whether inflation forecasts matter, but rather what their content reveals.

Access Documents

File(s): File format is text/html https://www.dallasfed.org/research/economics/2026/0521
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2026-05-21