![DotPlotDecember2023](https://yourbrokerjoseph.com/wp-content/uploads/2023/12/image-3.png)
The Fed kept rates on hold for the 3rd-straight meeting. No surprise there. But its “dot plot” of Fed member forecasts for where policy rates will be in a year showed that 15 out of 19 members expect cuts of between 50 and 100 bps over the course of 2024.