Economists expect the Federal Reserve’s so-called dot plot chart to show a more hawkish monetary policy outlook when the central bank releases it this week, compared with the Fed’s last round of forecasts in June.

The Fed is scheduled to update the chart on Wednesday, along with its rate-setting Federal Open Market Committee forecasts for economic activity and monetary policy for the next few years. As part of the exercise, the chart will offer fresh projections of where policy makers expect their short-term interest rate…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Republican National Committee sues Jan. 6 panel over Salesforce subpoena

The Republican National Committee filed a lawsuit Wednesday against the House panel…

Authorities identify victims in deadly Florida plane crash

IE 11 is not supported. For an optimal experience visit our site…

What the history of mosh pits can teach us about Travis Scott’s deadly concert

In the aftermath of the Astroworld-Travis Scott tragedy last Friday, in which…

Another FAFSA snafu could delay students’ financial aid even longer

Hundreds of thousands of students who applied for federal aid to pay…