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The Fed: Powell signals it might be time to wave goodbye to the Fed’s ‘dot plot’

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A view of the facade of Federal Reserve headquarters.

Don’t bet on the survival of the Fed’s so-called dot plot, the central bank’s innovative approach to showing where central bankers expect interest rates to go if the economy performed as they expected.

The dot plot is a graph that shows where all 19 top Fed officials individually expected interest rates to go.

The Fed’s last dot plot released in March. A new version will be released later this month.

In otherwise even-keeled and cautious remarks to a conference in Chicago examining, in part, the Fed’s current communication strategy, Fed Chairman Jerome Powell seemed almost sarcastic about the dot plot, at one point calling it “famous.

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