On the eve of Wednesday’s Federal Reserve decision, traders, economists and central-bank watchers across Wall Street are fixated on a single, perplexing question: Will the median of 19 policymakers ...
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Fed Officials Are Divided in Their Interest-Rate Outlook. How to Make Sense of the ‘Dot Plot’
The Federal Reserve cut interest rates this past week by a quarter of a percentage point. But where rates go from here is a coin toss, at best, given that Fed members’ latest forecasts diverge widely.
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