The Federal Reserve cut interest rates this past week by a quarter of a percentage point. But where rates go from here is a coin toss, at best, given that Fed members’ latest forecasts diverge widely.
The Federal Reserve is expected to cut rates on Wednesday. Wall Street is focused on how much, and on what comes next. By Jeanna Smialek Jeanna Smialek covers economics and reported this story from ...
“The dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...