The Fed’s New Dot Plot After Its June Policy Meeting

The Fed’s New Dot Plot After Its June Policy Meeting

The Federal Reserve’s so-called dot plot, which the U.S. central bank uses to signal its outlook for the path of interest rates, shows that officials expect no change in policy this year, while leaning toward two rate increases by the end of 2023, based on median estimates. The Fed on Wednesday kept its benchmark rate on hold for a 10th straight meeting after sweeping into emergency action amid the coronavirus pandemic in March of last year with a full percentage-point cut.

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