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What the Fed's New Dot Plot Says About Rate Cuts
Season 2
Episode 66
Published 2 weeks, 6 days ago
Description
In this episode of The Federal Reserve Podcast, Lucas and Luna break down the FOMC's latest dot plot released after Kevin Warsh's first meeting as chairman. With the fed funds rate at 3.63% and inflation ticking up to 3.34% on CPI, the dots signal only one rate cut in 2026 — a significant hawkish shift from earlier projections. The hosts examine why the median dot moved, how the 'long-run' dots have crept higher, and what this means for markets with the S&P 500 at 7,501 and the 10-year yield at 4.45%. They also explore the internal FOMC divisions between hawks and doves, and why Warsh's leadership may be reshaping the consensus. A tight, data-rich conversation on the most consequential FOMC signal of the year.