Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 23, 2021

The Fed’s New Dot Plot After Its September Rate Meeting

The Federal Reserve's so-called dot plot, which the U.S. central bank uses to signal its outlook for the path of interest rates, shows officials are now evenly split on whether or not it will be appropriate to begin raising the fed funds rate as soon as next year. The median projection indicated no rate increases until 2023. The Fed on Wednesday kept its benchmark rate on hold for a 12th straight meeting after sweeping into emergency action amid the coronavirus pandemic in March of last year with a full percentage-point cut.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search