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.

Going forward, check out the CME FedWatch tool, and keep an eye on the updated Dot Plots. They’ll provide you valuable information as you chart the course for your own portfolio.

These predictions are commonly displayed via a dot plot where each dot represents a FOMC participant's prediction of the Fed Funds Rate at the end of each calendar year.

Going forward, check out the CME FedWatch tool, and keep an eye on the updated Dot Plots. They’ll provide you valuable information as you chart the course for your own portfolio.

The Fed’s dot plots are a terrible predictor of future rates policy. Watch the yield curve in the next week or two for a better sense of how the market is pricing the future of rates.

A look at the dot-plot in June, the last time the Fed updated the chart, showed that no one expected rates to finish the year at their current level. Here is the dot plot from the June meeting: ...

The dot plot was invented in late 2011, at a time when Fed officials were considering how to prepare markets for the shift they hoped to make away from the unprecedented array of monetary support ...

Each dot on the chart represents one Fed official. However, the dot plot is anonymous, so investors can’t tie individual projections to individual Fed officials.

Despite numerous lectures by Chairman Yellen about the proper interpretation of the dot plots, most talking heads still don’t get it. They insist on treating them as a promise of things to come ...

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.