The Federal Reserve’s quarterly Summary of Economic Projections revealed an unusually wide range of estimates for future interest rates. But don’t ignore it.
“The dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...
The Federal Reserve marked down its 2025 interest rate outlook while keeping the following year's projection steady, with a softening labor market outweighing concerns about inflation re-accelerating, ...