Fed Dot Plot Median: 100 Basis Points of Cumulative Rate Cuts in 2024
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September 18, 2024
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ChainCatcher reported, citing Jin10, that the Fed's dot plot shows the following:
- 2 officials believe rates should not be cut again in 2024 after this meeting.
- 7 officials believe rates should be cut by 25 basis points in 2024.
- 9 officials believe rates should be cut by 50 basis points in 2024.
- 7 officials believe rates should be cut by 75 basis points in 2024.
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