The Fed’s dot plot and the case for a 4th hike in the June policy statement

Editor's note: A version of this post was originally published at my Patreon account on 13 Jun

I have another more macro post on the Fed I am developing for later today. But I wanted to run this one by you because I am seeing a lot of chatter about the Fed's dot plot.
The March 2018 Dot Plot
The dot plot is a part of the Fed's summary of economic projections. And these projections indicate where each Fed official sees the economy heading. More importantly, as a part of that, the dot plot shows where each official thinks the appropriate policy level is, given those projections.

For example, here's the March 2018 dot plot.

Source: Federal Reserve

Now, what people are talking about is where those dots representing appropriate policy rates are going to be on the chart release...


As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.

Click here to join. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More