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The Fed’s New Dot Plot After Its June Policy Meeting

(Bloomberg) — The Federal Reserve’s so-called dot plot, which the US central bank uses to signal its outlook for the path of interest rates, shows the median year-end projection for the federal funds rate moved up to 3.4%. The estimate for the end of 2023 was boosted to near 3.8%. The Fed on Wednesday raised its benchmark rate by 75 basis points in an effort to tame the hottest inflation in 40 years.Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks J

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