The Federal Reserve’s quarterly Summary of Economic Projections revealed an unusually wide range of estimates for future interest rates. But don’t ignore it.

Every three months, the central bank updates a scatter chart showing where top officials believe rates are headed. Not everyone is a fan of the anonymous projections.

“The dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...

The Fed is widely expected to make its first interest rate cut of 2025 this week, but the bigger question is how many more ...