Janet Yellen's Dashboard
description
Transcript of Janet Yellen's Dashboard
-
-0.2
0.3
0.8
1.3
1.8
2.3
2.8
3.3
2005 2007 2009 2011 2013
Pe
rce
nta
ge
Po
ints
Source: Federal Reserve
Inflation: Bond Market Inflation Expectations 10-year Breakeven Inflation Rate
-2%
-1%
0%
1%
2%
3%
4%
5%
2005 2007 2009 2011 2013
Inflation: PCE Inflation Year over Year Percent Change
PCE headline Core PCE
Source: BEA, seasonally adjusted
Target Inflation
Rate
1%
2%
3%
4%
2007 2009 2011 2013
Employment Cost Index
Quarter-End Average Hourly Earnings
Source: BLS, seasonally adjusted
Inflation: Labor Costs Year over Year Percent Change
2/6/2015
-
02
4
6
8
10
12
14
16
18
2005 2007 2009 2011 2013
Pe
rce
nt
Jobs: Unemployment Rate
Source: BLS, seasonally adjusted
TARGET UNEMPLOYMENT RATE
Underemployment (U6)
Unemployment
Long-Term Unemployment
(27 Weeks)
75
76
77
78
79
80
2005 2007 2009 2011 2013
Pe
rce
nt
Jobs: Labor Force Participation Rate 25-64 Years of Age
Source: BLS, seasonally adjusted
-1,000
-800
-600
-400
-200
0
200
400
600
2005 2007 2009 2011 2013
Th
ou
sa
nd
s o
f Jo
bs
Jobs: Change in Nonfarm Payrolls
Source: BLS, seasonally adjusted
2/6/2015
-
0400
800
1200
1600
2000
2005 2007 2009 2011 2013
Th
ou
sa
nd
s o
f U
nits
Growth: Housing Sales and Starts
Source: Census Bureau, seasonally adjusted
Sales
Starts
-20
-15
-10
-5
0
5
10
2005 2007 2009 2011 2013
Pe
rce
nt C
ha
ng
e
Source: Federal Reserve, seasonally adjusted
Growth: Industrial Production Year over Year Change
-10.0
-8.0
-6.0
-4.0
-2.0
0.0
2.0
4.0
6.0
2005 2007 2009 2011 2013
Pe
rce
nt C
ha
ng
e
Growth: Change in Gross Domestic Product
Source: BEA, seasonally adjusted
2/6/2015
-
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2005 2007 2009 2011 2013 2015 2017
Pe
rce
nt
Markets: Federal Funds Rate
Actual Rate Market ExpectationsFed Officials' Projections*
Source: Federal Reserve, CME *Median
40
60
80
100
120
140
160
180
200
2005 2007 2009 2011 2013
Ind
ex (
Ap
ril 2
00
4 =
10
0)
Markets: Household Wealth
S&P 500 Case-Shiller Home Price Index
Source: Standard and Poors
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2005 2007 2009 2011 2013
Pe
rce
nt
Markets: Treasury Yields
10-Year 2-Year
Source: Federal Reserve
2/6/2015
InflationJobsGrowthMarkets