Here's the new Fed dot plot

The Fed announced it will raise the benchmark Fed funds rate to a range between 1.5% and 1.75%. The Federal Open Market Committee also released its quarterly "dot plot," showing where Fed members expect rates to go in the next few years. The median member predicts rates will be between 2% and 2.5% by the end of this year. The Federal Reserve just announced, as widely expected, that it intends to raise the benchmark fed funds rate to a range between 1.5% and 1.75%. The central bank also...