The Fed’s dot plot is a chart updated quarterly that records each Fed official’s projection for the central bank’s key short-term interest rate, the federal funds rate.

The Fed’s “dot plot” showed that the median forecast for rate cuts in 2025 was now a half-percentage point, lower than their September projections.

With today's Federal Reserve rate decision seen as a foregone conclusion, many investors will look to the central bank's economic and interest-rate projections for a sense of how eager Chair ...