A majority of U.S. central bankers believe they will need to cut short-term interest rates next year, but are widely split over how much, with a large group opposed to any cuts at all and three penciling in a rate hike.

The Federal Reserve made no changes to its median interest-rate projections, with a quarter-point reduction still penciled in for next year, according to the Summary of Economic Projections published on Wednesday.

The central bank's so-called dot plot indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.

The Federal Reserve's Summary of Economic Projections, aka the "dot plot," will be the focus for investors when policymakers update their policy outlook Wednesday afternoon. The dot plot is a graph showing where individual Fed policymakers expect official ...

The Fed's dot plot is a chart that records each Fed official's projection for the central bank's key short-term interest rate. The dot plot is updated every three months and is meant to provide insight into the Fed's future rate decisions, with the caveat ...

The Federal Reserve is expected to leave rates unchanged on Wednesday. But Wall Street is focused on what comes next. By Jeanna Smialek Federal Reserve officials are scheduled to release both an interest-rate decision and a fresh set of economic ...

The Federal Reserve maintained its projection to carry out three interest-rate cuts by the end of 2024, according to the U.S. central bank’s Summary of Economic Projections released this Wednesday. Still, as they continue to wait for greater confidence ...

It’s a near certainty among economists and investors that the Federal Reserve will lower interest rates for a third straight time on Wednesday, but what happens in 2025 remains a relative mystery. Officials’ forecasts for the year ahead should be ...

J.D. DURKIN: I do want to talk about a phrase we heard an awful lot, Martin. It is dot plot. And I got my hands on the analyst notes from Bank of America Securities today. And this jumped out to me. Here’s what BOFA securities writes. They say the ...

The Fed held rates steady at their September meeting, and, as evidenced by the latest dot plot, left the door open for another rate hike this year. However, FOMC member projections are rarely a reliable tracing of the actual Fed policy path. Investors ...

The Federal Open Market Committee (FOMC) meeting is the pivotal event for the markets this week, possibly even the most crucial one of the entire first quarter of 2024. While the customary policy-meeting statement, set to be released at 2 p.m. on Wednesday ...