Today's released FOMC dot plot

52

The Federal Reserve raised its target range for the federal funds rate to 3.75~4.00% and significantly increased its forecast for the policy rate at the end of this year from 3.8% to 4.1%.

Furthermore, it projected that the interest rate would be maintained at 4.1% in 2027 as well, putting a brake on market expectations for future interest rate cuts.

Hmm...

The market didn't react much to the news that there could be another increase.

▶ Original source: https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260916.pdf?utm_source=chatgpt.com

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