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The Fed's dot plot shows future interest rate expectations lowered to 3% - 3.6%
According to ChainCatcher news, Jin10 reports that the Fed's dot plot shows that the median expected federal funds rates for the end of 2025, 2026, 2027, and the long term are 3.6%, 3.4%, 3.1%, and 3%, respectively, which is a downward adjustment from the June expectations of 3.9%, 3.6%, 3.4%, and 3%. The median expected federal funds rate for the end of 2028 is 3.1%.