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 Target Slashes Prices on 5,000 Items to Woo Inflation-Wary Shoppers READ MORE Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Central Banks' Gold Rush Propels Prices to Unprecedented Levels READ MORE First Fed Rate Cut Expected by Economists in June READ MORE Gold Soars to New Heights as Markets Await Powell's Jackson Hole Address READ MORE Add a Comment Cancel replyYour email address will not be published.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