The amount of attention on the Fed’s “dot plot” partly reflects the lack of suspense for a meeting at which interest rates are widely expected to be left alone. Still, the focus borders on the absurd ...

The Federal Reserve made no change in its interest rate policy on Wednesday but suggested more action is coming later this year.

The Federal Reserve maintained its previously expected pace of rate cuts but signaled higher inflation and a slowdown in economic growth for 2025.

Investors focus on the median dot. As many as 19 monetary policymakers — the seven governors on the Fed Board in Washington and the presidents of the 12 regional banks — can contribute a dot.

The dot plot is a graph showing where individual Fed policymakers expect official interest rates to be over time. The "median dot" is watched for a clue to the consensus outlook. In March, when ...

In terms of the dot plot, the median projection for 2023 remained consistent with June’s figures at 5.6%, indicating a preference for one more rate increase, potentially occurring in either the ...