Key Takeaways The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025 and another two in 2026, though expectations varied among members.The projections showed that Federal Reserve members were less confident about interest rate cuts than in December.

The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate. The dot plot is updated every three months and is meant to provide insight into the Fed’s future rate decisions,