The rate projections give investors and analysts a false sense of precision. Some Fed officials are tired of them.

The dot plot was invented in late 2011, at a time when Fed officials were considering how to prepare markets for the shift they hoped to make away from the unprecedented array of monetary support ...

Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to little more than “masterful inactivity.” ...

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

The Fed’s “dot plot” showed that the median forecast for rate cuts in 2025 was now a half-percentage point, lower than their September projections.

The Federal Reserve's 'dot plot' and economic projections showed that Fed officials aren't hurrying to cut interest rates and expect unemployment to rise while inflation remains stubbornly high.

Wednesday’s dot plot is likely to imply fewer cuts next year. Futures were pricing in just a half percentage point of total easing in 2025, after a quarter-point cut at the December 2024 meeting.

Over the years, Fed policymakers and economists have made a range of suggestions about how to improve the dot plot, which has been published in its current form since well before Powell became ...

(Read our explainer on how the dot plot works here.) In March, the median forecast pointed to two cuts in 2025, implying a reduction in the federal funds rate target range to 3.75%-4.00% by year end.

The bank’s economists also expect the report to show two cuts in 2026 and one in 2027 “with the longer-run median dot rising to 3% or possibly 3.125%,” according to J.P. Morgan.

Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a broad policy framework review underway at ...