Chicago Fed President Goolsbee proposes enhancing the Federal Reserve's quarterly "dot plot" with individual policymakers' economic expectations.
Chicago Fed President Austan Goolsbee suggests the Federal Reserve should enhance its quarterly "dot plot" by including the individual economic expectations that inform each policymaker's interest rate projections. Goolsbee believes the current "dot plot," which shows where each of the 19 U.S. central bankers expect the Fed's policy rate to be in the next few years, lacks economic context.
May 04, 2024
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