The Federal Reserve’s quarterly Summary of Economic Projections revealed an unusually wide range of estimates for future interest rates. But don’t ignore it.
Every three months, the central bank updates a scatter chart showing where top officials believe rates are headed. Not everyone is a fan of the anonymous projections.
“The dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...
Federal Reserve officials on Wednesday penciled in slightly steeper interest rate cuts this year and next, but there was a ...
The Fed's dot-plot shows a split over whether to the central bank should cut rates three times this year. According to the ...