Warsh Skips Fed's Dot Plot, Leaving Out His Interest Rate Forecast

For over a decade, the US Federal Reserve has shared its interest rate predictions through a chart known as the dot plot. Published four times a year, this small scatter chart allows nineteen central bank policymakers to offer their anonymous projections.

The chart not only serves as a source of clues to any disagreement among policymakers but also provides rate forecasts. However, in a peculiar development, Fed Chairman Kevin Warsh has again declined to submit his own projection for the chart.

Despite this omission, the Bloomberg Terminal on September 16 did capture a few differences in forecasts among the policymakers. The dot plot remains an essential tool for understanding the Fed's interest rate trajectory and any potential disagreements among its members.