The December “Dots”… Drop

Presenting the quarterly change of the Fed’s “dot plot”, showing where the Fed thinks the Fed Funds rate will be at the end of 2016. The Fed is so hawkish about the upcoming rate hikes, that since September, when the median dot was at at 2.875%, the dots, “surprisingly”, have declined across the board and now have a median of 2.50%.

This post was published at Zero Hedge on 12/17/2014.