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2026-09-17 02:10:14
[Fed Dot Plot: 16 Officials Expect Another Rate Hike in 2026] The Federal Reserve announced a 25 basis point rate hike today (June 17), its first rate hike in 2026. The Fed's latest dot plot shows that 18 of the 19 officials submitted dot plot projections (consistent with June), with 16 of them believing that another rate hike is needed this year. Specifically, 4 officials believe that there should be a cumulative 75 basis point rate hikes in 2026 (1 in June), 12 officials believe that there should be a cumulative 50 basis point rate hikes (5 in June), 2 officials believe that there should be a cumulative 25 basis point rate hikes (3 in June), 0 officials believe that the interest rate should remain unchanged at 3.5%-3.75% this year (8 in June), and 0 officials believe that there should be a cumulative 25 basis point rate cut (1 in June).
