The Federal Reserve inadvertently released confidential staff economic projections prepared for a June 16-17 policy meeting, but did not release policymakers' views, so it made the data
The projections for growth and inflation, based completely "on publicly available information," the Fed said, were unchanged from its previous forecasts.
"Economic projections prepared by Federal Reserve Board staff as background for the June 16-17, 2015, meeting of the Federal Open Market Committee (FOMC) were inadvertently included in a computer file posted to the Board's public website on June 29," the statement said. "Because the information has already been released, the Federal Reserve is today providing general public notification and making those projections more easily accessible on our website within the FRB/US model package (ZIP) data folder."
The growth estimates, which are the same as the Fed's prior estimates, project 2.31% growth on 2015, 2.38% in 2016, 2.17% in 2017, 1.76% in 2018 1.75% in 2019 and 1.74% in 2020.
Inflation expectations were 1.8% for 2015 to 2017, 1.83% for 2018, 1.86% for 2019 and 1.8% for 2020.
The leak "has been referred to the Board's Inspector General," the Fed said.
