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The dot plot comes into focus as the market prices out a September Fed hike

The September dot plot is always the most-interesting one of the year because it's the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it basically says what they expect to happen in the next two meetings. Now that's far from set-in-stone but with Sept hike odds down to 7% after the non-farm payrolls report, it will offer some intrigue at the Sept 20 decision.Here's what the fixed income team at BMO is... Read More

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Posted: Sep 1 2023, 19:43

Author Name: forexlive

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