The economic policies of the first Trump Administration proved suc- cessful, yielding higher economic growth and lower unemployment rates than projected by the Congressional Budget Office (CBO) in ...

Mar 18, 2026 · The economic projections provided by the members of the Board of Governors and the presidents of the Federal Reserve Banks inform discussions of monetary policy among policymakers …

Given the difficulty of underpinning in real time a consistent set of assumptions for projections, this World Economic Outlook (WEO) report presents a “reference forecast”—in lieu of the traditional …

CBO’s latest economic projections reflect several substan-tial changes in federal policy and economic developments that have occurred since the agency last published its pro-jections on January 17, …

Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has been little changed in recent months.

The chapter draws attention to three economic periods characterized by tight labor markets: the late 1990s, the late 2010s, and the most recent period, starting in the wake of the COVID-19 pandemic.

Long-standing economic relationships that have sustained global prosperity for decades are now under strain. Yet we should not look back with rose-tinted glasses.