The Fed’s Dot Plot of Interest Rate Projections Show It’s Totally Confused




The Fed’s Summary of Economic projections is far more interesting. I highlighted the median economic forecast in pink. Each dot represents the position of someone at the meeting.

Looking ahead to 2025, the Fed is clueless. 

Actually, that’s not a bad thing. Someone on the committee is likely to be correct.

Moreover, the results look like one of my favorite sayings: I don’t know and no one else does either, especially the Fed.

Author(s): Mike Shedlock

Publication Date: 14 Jun 2023

Publication Site: Mish Talk