Greg Michalowski
Fed dot plot signals another 2026 rate hike as growth strengthens and inflation remains elevated
The Federal Reserve raised its target range by 25 basis points to 3.75%–4.00%, but the updated dot plot suggests policymakers may not be finished. The median federal funds rate projection for the end of 2026 increased to 4.1% from 3.8% in June. Because the projections are rounded
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