The dot plot is a Federal Reserve chart showing where each FOMC participant expects the fed funds rate to be at the end of the next few years.
Each dot is one official's projection. It is published four times a year with the Summary of Economic Projections. The dots are forecasts, not promises.
Why it matters to you
Markets read the dot plot for hints about how many rate cuts or hikes are coming.
FAQ
What is Dot plot?
The dot plot is a Federal Reserve chart showing where each FOMC participant expects the fed funds rate to be at the end of the next few years.
Is the dot plot a commitment?
No. It is a snapshot of individual officials' expectations and often changes as the economy changes.
