(Bloomberg) — The Federal Reserve’s so-called dot plot, which the U.S. central bank uses to indicate its rate path outlook, shows that officials expect to raise Fed Funds interest rates six more times this year, based on of median projections. The Fed, which had kept its benchmark rate stable after taking emergency measures with a full percentage point cut during the coronavirus pandemic in March 2020, hiked rates by 25 basis points on Wednesday. It was the first increase since 2018.
This post The Fed’s New Dot Plot After the March Policy Meeting
was original published at “https://www.bloombergquint.com/global-economics/the-fed-s-new-dot-plot-after-its-march-policy-meeting-chart-2”