Skip to content

Economics

Fed Dot Plot Seen Signaling Rise in Median Rates to 3.1% in 2023

Economists survey shows gradual shift to a more hawkish FOMC
After half point hikes in June and July, panel may slow a bit

By

Steve Matthews and

June 10, 2022, 9:00 AM UTCUpdated onJune 10, 2022, 12:44 PM UTC

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Federal Reserve policy makers are likely to signal a continuing shift to a more hawkish policy fighting inflation with interest rates climbing above 3% in 2023, according to a Bloomberg News survey of economists.