Fed's Dot Plot to Reveal Insights on Potential Rate Cuts The upcoming update to the Federal Reserve’s “dot plot” will provide insights into the central bank’s commitment to easing monetary policy. While Chair Jerome Powell and the Fed are expected to maintain interest rates for the seventh consecutive meeting, economists are divided on the number of rate cuts that will be indicated in the forecasts. A Bloomberg survey shows that 41% of economists anticipate two cuts, while others expect one or none. Since March 2022, the Fed has raised its benchmark rate by over five percentage points and has held rates at a two-decade high since July. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Waver Amid Red Sea Shipping Risks and Geopolitical Tensions READ MORE A Break from Tradition: How the Fed's Recent Policies Have Cost US Households READ MORE Gold ETFs Face $6.7bn Exodus in H1 2024, Worst First-Half Since 2013 READ MORE $20,000 Gold: Is A Treasury Revaluation Possible? READ MORE Yen Volatility Threatens Profitability of Emerging-Market Carry Trades READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment