Free Trial

Dot Plot Expectations Finely Split, Though Cuts Seen In 2024-25

FED

Sell-side analysts are finely split on their expectations for the September FOMC meeting's update to the "Dot Plot".

  • The number expecting a 3.9% vs 4.1% 2022 Fed funds median dot is almost evenly split (vs the 3.4% median in the June projections); likewise, there is a nearly even divide between 4.1% and 4.4% for end-2023 (vs 3.8% seen in the June forecasts).
  • Almost all see the FOMC penciling in rate cuts in 2024 (expected 3.8% median vs 3.4% in June).
  • The 2025 projections are newly introduced in this round.

Source: MNI

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.