Federal Reserve dot plot: 16 officials expect another rate hike in 2026

Odaily reports: The Federal Reserve announced today (the 17th) a 25 basis point rate hike, the first increase in 2026. The Fed's latest dot plot shows that 18 of 19 officials submitted dot plot projections (consistent with June), with 16 of them believing that rates should be raised again this year. Specifically, 4 officials believe there should be a cumulative 75 basis point rate hike in 2026 (1 in June), 12 officials believe there should be a cumulative 50 basis point rate hike (5 in June), 2 officials believe there should be a cumulative 25 basis point rate hike (3 in June), 0 officials believe rates should remain unchanged at 3.5%-3.75% this year (8 in June), and 0 officials believe there should be a cumulative 25 basis point rate cut (1 in June). (Jinshi)