The New York Fed DSGE Model Forecast — January 2019

This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE) model. We describe very briefly our forecast and its change since October 2018. As usual, we wish to remind our readers that the DSGE model forecast is not an official New York Fed forecast, but only an input to the Research staff’s overall forecasting process. For more information about the model and variables discussed here, see our DSGE model Q & A.

How to cite this post:

Michael Cai, Marco Del Negro, Ethan Matlin, and Reca Sarfati, “The New York Fed DSGE Model Forecast—January 2019,” Federal Reserve Bank of New York Liberty Street Economics, February 8, 2019, https://libertystreeteconomics.newyorkfed.org/2019/02/the-new-york-fed-dsge-model-forecastjanuary-2019.html.

Disclaimer:

The views expressed in this post are those of the authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the authors.

Ph.D. Student in Economics and Statistics

I am an Economics Ph.D. candidate at MIT, and former Senior Research Analyst on the dynamic stochastic general equilibrium (DSGE) team in the Macroeconomic and Monetary Studies function at the NY Fed. Views expressed are my own.