Dot plot Déjà vu

Alex Cowie

The Fed last week updated their dot plot. See the table below, which guides the Fed Funds rate to be around 1.5% by the end of next year, around 2.5% the year after, then around 3.5% the year after that. But, there’s only one problem with the chart below… it’s from 2014. Yet here we are, two years - and just two hikes later - with the Fed still telling us the next leg of the rates cycle is just beginning. The 2014 dot plot and the new one are both below for comparison.

Alex Cowie
Alex Cowie
Content Director

Alex happily served as Livewire's Content Director for the last four years, using a decade of industry experience to deliver the most valuable, and readable, market insights to all Australian investors.

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