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Fed Officials Are Divided in Their Interest-Rate Outlook. How to Make Sense of the ‘Dot Plot’
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 Federal Reserve is expected to cut rates on Wednesday. Wall Street is focused on how much, and on what comes next. By Jeanna Smialek Jeanna Smialek covers economics and reported this story from ...
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