Decoding the Significance of the Fed's Dot Plot for Market Trends.

The Federal Reserve's "Dot Plot," which outlines where Fed officials think interest rates will be at the end of the year and each of the next two, will be closely watched by investors after the central bank's policy decision is released on Wednesday. The Fed is expected to pause rate hikes, but a resilient US economy suggests higher interest rates will be needed later this year to continue bringing down inflation. Fed Chair Jerome Powell will stress that the path of monetary policy will be dependent on incoming labor market and inflation data.