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Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
When the Federal Reserve wraps up its policy meeting Wednesday, one important thing could be missing — a dot. The central bank’s Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head this year and through 2028 and beyond. Markets closely parse the grid, known more commonly as the “dot plot,” for information on how Fed officials view the economy and its impact on monetary policy. However, most Fed-watchers on Wall Street expect new Chair Kevin Warsh won’t participate, either because he feels he’s not ready after having only been in ... (full story)