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 ...

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

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.

(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.

Most notable in Wednesday's dot plot were forecasts that showed seven FOMC members see no change in 2025 rates, signaling a more hawkish stance compared to March when four officials saw no change.

With today's Federal Reserve rate decision seen as a foregone conclusion, many investors will look to the central bank's economic and interest-rate projections for a sense of how eager Chair ...

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 ...

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 ...