\nThe \u201cDot Plot\u201d is the popular name of the interest-rate projections by the Federal Open Market Committee (FOMC) of the US Federal Reserve (Fed), which implements monetary policy. These are published in the Summary of Economic Projections, a report in which FOMC members also release their individual projections on economic growth, the unemployment rate and inflation for the current year and the next few ones. The document consists of a chart plotting interest-rate projections, with each FOMC member\u2019s forecast represented by a dot. The Fed also adds a table summarizing the range of forecasts and the median for each indicator. This makes it easier for market participants to see how policymakers expect the US economy to perform in the near, medium and long term.<\/p>\n<\/section>\n\nThe US Federal Reserve publishes the \u201cDot Plot\u201d once every other meeting, or in four of the eight yearly scheduled meetings. The Summary of Economic Projections report is published along with the monetary policy decision.<\/p>\n<\/section>\n\nThe \u201cDot Plot\u201d gives a comprehensive insight into the expectations from Federal Reserve (Fed) policymakers. As projections reflect each official\u2019s projection for interest rates at the end of each year, it is considered a key forward-looking indicator. By looking at the \u201cDot Plot\u201d and comparing the data to current interest-rate levels, market participants can see where policymakers expect rates to head to and the overall direction of monetary policy. As projections are released quarterly, the \u201cDot Plot\u201d is widely used as a guide to figure out the terminal rate and the possible timing of a policy pivot.<\/p>\n<\/section>\n\nThe most market-moving data in the \u201cDot Plot\u201d is the projection of the federal funds rate. Any change compared with previous projections is likely to influence the US Dollar (USD) valuation. Generally, if the \u201cDot Plot\u201d shows that policymakers expect higher interest rates in the near term, this tends to be bullish for USD. Likewise, if projections point to lower rates ahead, the USD is likely to weaken.<\/p>\n<\/section>\n<\/div>\n
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Share: The US Dollar is in the green against all major peers.\u00a0 Traders brace for an expected firm pushback on rate cuts from the Fed.\u00a0 The US Dollar Index hovers around 104 with 105 targeted if the Fed delivers hawkish message.\u00a0 The US Dollar (USD) is steady to sideways with small gains against all major […]<\/p>\n","protected":false},"author":2,"featured_media":20478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,459,255,250,333,252,247,253,249,5212,334,256,254],"class_list":["post-211892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-dollarindex","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-seo","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=211892"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211892\/revisions"}],"predecessor-version":[{"id":211894,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211892\/revisions\/211894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/20478"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=211892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=211892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=211892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}