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Peter Olson and David Wessel: Most other major central banks, including the European Central Bank, release a staff or consensus forecast for unemployment, inflation, and GDP. So why doesn’t the Fed?
The Federal Reserve's latest "dot plot" outlining future interest rate moves suggests the central bank will still cut rates twice this year, unchanged from its March outlook, though June's ...
(Reuters) -Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a broad policy framework review ...
“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 ...
Fed officials see the fed funds rate coming down to 4.4% in 2024. That suggests the Fed will cut rates by an additional 0.50% later this year. Outside of Wednesday's jumbo 50 basis point cut, the Fed ...
In Wednesday’s dot plot, eight officials penciled in two cuts, seven had one cut, and four predicted no change in the fed-funds rate this year.
The latest dot plot suggests rates will continue to tick higher in 2023, but only slightly, with benchmark interest rates seen peaking at 5.1% this year, on par with the Fed's previous December ...
All in all, the dot plot should point toward a glacial rise in U.S. rates in the years ahead.