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…