Dot Plot

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Now:

FOMC Meeting

New dot plot:

Old dot plot:

FOMC Dot Plot September 2024

FOMC dot plot September 2024:

FOMC dot plot March 2024:

FOMC: Less Rate Cuts

The recession will be more severe...

FOMC Dot Plot March 2024

 Dot plot 20-Mar-2024:

Dot plot 13-Dec-2023:

FOMC Meeting

New dot plot:

Old dot plot:

 

FOMC Dot Plot

New dot plot:

Old dot plot:

 

FOMC Meeting: Dot Plot Rises

The Fed is increasing rate hikes.

New dot plot:

Old dot plot:

FOMC meeting: Dot Plot

The new dot plot from the FOMC meeting minutes.

Old dot plot.

 

FOMC Meeting Dot Plot

FOMC meeting calendar.

The dot plot rose a bit on the September 2021 FOMC meeting.

Old dot plot:

What's interesting is that GDP is revised lower, unemployment higher and inflation higher. This is bullish gold.

Fed Dot Plot June 2021

The Fed is expected to raise rates in 2023. The IOER has been increased to 0.15%. The overnight reverse repo rate has been increased from 0% to 0.05% (which actually exacerbated the reverse repo problem as everyone wants to buy reverse repos and get 0.05% interest). This will actually drain reserves and also decrease lending. Tapering is expected to start in 2022.

This is the old dot plot.

Federal Reserve leaves rates unchanged until after 2023

The dot plot showed no rate hikes on the horizon.

Old dot plot:

Fed Dot Plot Signals Rates Staying At Zero

 No rate hike in the near future.

FOMC Meeting: The Dot Plot Flattens

The Dot Plot has flattened out to 2023.

Old dot plot:

New dot plot:

Federal Reserve Maintains 0% interest rates through 2022

FOMC press conference.

The dot plot has been revised sharply lower.

Powell said: "We're not even thinking about thinking about raising rates".

He continued: "We want to see inflation." He also mentioned "yield curve control". This will keep bond yields low and will probably be very negative for the USD. This will be very good for precious metals and stocks.

Lower interest rates are necessary to be able to finance their rising budget deficits, which ballooned to $400 billion in May.

Federal Reserve Dot Plot Revised Lower

The Fed dot plot shows rates are revised lower. This will put pressure on the USD and boost precious metals and stocks.

Especially after Powell said: "We want to see persistent inflation before moving rates higher."

This also means that real interest rates will always be negative.