Jun. 17 at 9:27 PM
$DELL .!
$AMD The Federal Reserve's latest "dot plot," outlining policymakers' interest rate projections, revealed a sharp shift in central bankers' expectations.
Not only are rate cuts almost surely off the table for the rest of the year, but there is also a sharply higher chance of a hike before the end of 2026.
Nine policymakers who participated in the exercise projected at least one hike, with six even suggesting multiple hikes could be in the offing.
The Fed released a new dot plot following its June policy meeting.
The Fed released a new dot plot following its June policy meeting. · Yahoo Finance
New Fed Chairman Kevin Warsh did not participate in the dot plot, saying in a press conference that while he encouraged his colleagues to continue offering projections, "I, however, have refrained from offering any projections of my own, consistent with my long-held views."
