Federal Reserve to Announce Interest Rate Decision; Analysts to Scrutinize Dot Plot Projections and

On June 17, at midnight Beijing time on Thursday, the Federal Reserve will announce its interest rate decision. It is expected that the Fed's policymakers will keep interest rates unchanged. Following this week's meeting, policymakers are also expected to release the latest quarterly economic forecasts and an updated 'dot plot.' The dot plot reflects policymakers' expectations for the trajectory of interest rates. A media survey of economists indicates that officials will predict a significant rise in inflation rates and delay rate cut expectations until 2027. Previously, policymakers had forecasted one rate cut each in 2026 and 2027. Given Walsh's previous public criticism of forward guidance, which signals policy direction to investors, Fed watchers will closely examine the number of projections in the dot plot to see if Walsh is involved. (Sina Finance)