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In 2026, officials see two additional cuts, bringing the fed funds rate down to 3.4%. In September, officials had pegged interest rates to come down to 2.9% in 2026.
The Fed’s dot plot is a chart updated quarterly that records each Fed official’s projection for the central bank’s key short-term interest rate, the federal funds rate. The dots reflect what ...
Federal Reserve Web Site: Federal Funds Rate Historical Data (including the current rate), Monetary Policy, and Open Market Operations; MoneyCafe.com page with Fed Funds Rate and historical chart and graph ; Historical data (since 1954) comparing the US GDP growth rate versus the US Fed Funds Rate - in the form of a chart/graph
Next month, the Fed itself will release updated forecasts for interest rates in the year ahead, the so-called dot plot. As of September, the Fed expected to raise interest rates another 0.25% in ...
Policymakers also see the unemployment rate ticking down a tenth to 4.3% from the Fed's previous forecast of 4.4%. The unemployment rate is seen ending the year at 4.2%, down from 4.4%. Economic ...
Next year, the majority of officials see the fed funds rate hitting 3.4%, lower than the 4.1% anticipated in its prior forecast. That suggests four additional rate cuts to come in 2025.
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one. ... lowers forecast to 1 rate cut in 2024 ... The fed funds rate ...
He’s currently forecasting a 3-3.25 percent fed funds rate by the end of next year. ... The three-month moving average dipped to 116,000 jobs — the lowest since the economy plunged into the ...