September 2024 Fed Dot Plot. The fed’s forecast of its policy rate, or its dot plot, shows a median of 4.6% in 2024, 3.6% in 2025 and 2.9% in 2026. The july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in september.
The fed dot plot is a chart that shows you where each fomc member thinks interest rates will be by the end of the current year, two or three (depending on the time of year) consecutive years after, and the more ambiguous “longer run.” Published september 20, 2023 at 6:07 pm gmt