Federal Reserve officials are set to release rate projections on Wednesday, but they have caused confusion
Federal Reserve officials aren’t quite sure what to do about their dots.
Every quarter, the central bank produces a chart of 19 officials’ individual projections for interest rates, with a dot representing each person’s expected value of the Fed’s benchmark rate in coming years. Most of them see this so-called dot plot as a valuable communications tool, but it has increasingly contributed to investor confusion.
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