Fed Dot Plot Keeps Interest Rate Outlook Unchanged Through 2028
The U.S. Federal Reserve's latest projections maintain median federal funds rate expectations at September levels, signaling steady long-term policy outlook.
Summary
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Terms & Concepts
Federal funds rate: The interest rate at which U.S. banks lend balances to each other overnight, set by the Federal Reserve.
Fed dot plot: A chart from the U.S. Federal Reserve showing policymakers' projections for future interest rates.