How did you read the Fed's dot plot?
The September projections from the FOMC show the committee's rate expectations through 2027. The median is the headline, but the distribution around it tells the real story.
Post your read:
- the median path you see in the dots
- how the spread of views matters to you
- what the dots imply for the dollar versus other currencies
The dot plot guide explains how to read the chart properly.
Background: The Fed's dot plot and economic projections explained
Four times a year Fed officials publish where they think interest rates are heading. How to read the dot plot, and why it can move the dollar more than the decision.
How often does the Fed publish the dot plot?
Four times a year, with the Summary of Economic Projections at the March, June, September and December FOMC meetings.
Is the dot plot a forecast of Fed policy?
It shows each official's view of appropriate policy at the time, not a commitment. The median dot is widely watched, but projections change as economic conditions change.
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