News list for "Dot matrix"
Federal Reserve Chairperson Jerome Powell: Dot charts do not constitute forward guidance.
Mr. Goolsbee said that we would look at rate cuts with reference to the Fed's September dot plot, and that personally I would prefer not to go straight towards the neutral rate, which is significantly lower than the current level of the Fed's policy rate, but to slow down as we approach it. Everything is always on the table in the Fed's policy calculus. He also said that the inflation data must continue to improve, if you start looking at...
On September 19, the median of the Federal Reserve dot plot shows that the Federal Reserve will cut interest rates by a total of 100 basis points in 2024. After cutting interest rates by 50 basis points in September, there are still 50 basis points expected to cut interest rates. The Federal Reserve is expected to cut interest rates by another 100 basis points in 2025, the same as the rate cut expected in the dot plot in June.
