MDS / DOT PLOT
Dot plot / SEP - Fed participants' projections
What it measures
The dot plot shows FOMC participants' individual assessments of the appropriate policy rate. It is part of the SEP economic projections. It is neither a promise nor an approved rate plan.
Why traders follow it
Compare the median and dispersion with the previous edition and market expectations. Different dots belong to different participants. They do not reveal future votes.
Check the country, period and source. A single value or regime label does not determine a trade's direction.
Official methodology