MarketPR
Federal Reserve Chair Kevin Warsh is expected to withhold his individual rate forecast — commonly called a "dot" — when the Federal Open Market Committee publishes its next quarterly update on where officials see interest rates heading.
The move would mark a significant break from the standard practice in which the chair's dot anchors the market's reading of Fed intentions.
Without Warsh's projection on the chart, investors and analysts will face an unusually incomplete picture of the central bank's thinking at the top.
The Dot Plot and Why the Chair's Mark Carries Weight The FOMC's dot plot is a quarterly exercise: each voting and non-voting official submits an anonymous projection for where the federal funds rate should sit at the end of successive calendar periods.
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