"Former Fed economist John Roberts does an exercise on what a lower 2023 unemployment rate projection (of 4.2%, instead of 4.6%) could do to FOMC's SEP
To keep inflation on the current projected path, the terminal real estimate might go up to 5.6%."
https://jrobertsmacroecon.wordpress.com/2023/02/09/what-if-the-economy-remains-resilient/…
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