Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their dot plot projections suggest only one interest rate cut expected in 2026.

The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate ...

The Fed’s latest dot plot shows a sharply divided outlook for 2026, with policymakers split on the quantum of easing.

The Federal Reserve maintained its projection to carry out three interest-rate cuts by the end of 2024, according to the U.S. central bank’s Summary of Economic Projections released this Wednesday.