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The dot plot is best explained with an example, so to illustrate how it works, here's a real-world example of a Federal Reserve dot plot and how to interpret it.
It explains when logarithmic graphs with base 2 are preferred to logarithmic graphs with base 10. It also explains several advantages that dot plots have over bar charts.
What is a Federal Reserve dot plot? Four times a year (March, June, September, and December), the policy-setting Federal Open Market Committee (FOMC) publishes a Summary of Economic Projections (SEP).
But he’s been careful to avoid saying how high they’ll peak, which makes the Fed’s quarterly dot-plot forecast for interest rates a primary focus of investors when officials meet June 14-15.
The primary interest of Fed watchers in next week’s policy meeting will be on the ‘dot plot’ that collects the interest-rate views of all Fed officials.
The U.S. Federal Reserve should beef up its quarterly "dot plot" of policymakers' interest-rate-path views by including the individual economic expectations that inform each one, Austan Goolsbee ...
WASHINGTON (Reuters) - The European Central Bank needs to improve how it communicates policy intentions and uncertainty, but copying the U.S. Federal Reserve's "dot plot" projection method is not ...