Reported 7 months ago
The Federal Reserve has maintained its interest rate but adjusted its future rate projections to include only one cut this year. The 'dot plot,' which tracks the rate projections of 19 Fed officials, shows that four officials expect rates to stay the same, seven expect one cut, and eight expect two cuts. This quarter's dot plot indicates an aggregate median of one rate cut for the year, providing transparency into the Fed's economic outlook and decisions.
Source: YAHOO