Last Updated on: 16th February 2021, 12:35 pm
The dot plot shows forecasts of the actions of the sixteen members of the Federal Open Market Committee (FOMC). It is published after each FED meeting over a period of one year. The dot plot has become of the most focused news releases as it gives a pretty clear idea about the next steps of FED officials.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.