Fed to Reveal New Projections With Investors on Alert for Rate Liftoff Timing

Fed to Reveal New Projections With Investors on Alert for Rate Liftoff Timing
Federal Reserve Board Chairman Jerome Powell on Capitol Hill in Washington on June 22, 2021. Graeme Jennings/Pool via Getty Images
Reuters
Updated:

Federal Reserve officials will lay bare how soon and how often they think the economy will need interest rates rises over the next three years when they release new forecasts at their policy meeting on Wednesday, with investors on alert for a faster pace of tightening.

The so-called “dot plot,” released quarterly, charts policymakers projections, on an anonymous basis, for economic growth, employment and inflation, as well as the timing of interest rate rises.