FOMC Meeting / S.E.P.

The Dot Plot is likely to remain largely unchanged, leaving focus on Powell's press conference and how recent inflation data has affected the FOMC's outlook.

FOMC will also kick off in-depth discussion of how to slow QT to keep it running as long as possible.

Analyst expectations for 2024 Fed rate cuts have converged firmly on June as the starting point, but there remains a wide range of expectations otherwise.