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MPP shadow policy survey - December 2025


Welcome to the December 2025 Shadow Survey of Market Participants.

Our shadow survey should take you roughly 10-15 minutes to answer. We ask for your email address only to ensure unique responses and to provide you with a summary of the results ahead of the FOMC meeting. Your answers are strictly anonymous. A PDF of the questions can be downloaded here


We created the Shadow Survey of Market Participants with two goals in mind: (1) to collect information about consensus expectations that the FOMC uses as an input into its policy decisions; and (2) to capture and probe a more diverse set of market views on monetary policy than other surveys. We conduct the SSMP quarterly ahead of FOMC meetings accompanied by a Summary of Economic Projections.

The deadline to submit responses is Thursday, December 4 (5:30pm EST). Results will be distributed to those who complete the survey on Friday, December 5.  Should you have any questions please send your inquiry to Laura Rosner-Warburton and Julia Coronado.

For more information about MacroPolicy Perspectives LLC please visit our website: https://www.macropolicyperspectives.com/
 
Disclaimer: MacroPolicy Perspectives LLC is an economic research consulting firm and does not provide investment, tax, or legal advice. The results of this survey will be provided in anonymous, summary form and are solely for informational purposes. There is no effort to make the results comprehensive or statistically representative, and there are no implications from the results other than the provision of background information.