Fed dot plot sees 4.4% lower bound for year-end rates
CryptoNewsTerminal Staff18 Sep, 2024
Fed dot plot sees 4.4% lower bound for year-end rates
This latest dot plot from the Federal Open Market Committee shows a significant shift in expectations from June, when the Fed projected the upper end of the target range for the federal funds rate to be 5.1% by the end of this year. This indicates that the Fed is becoming more cautious about the pace of future interest rate hikes and is now expecting to raise rates more gradually.
