The 14-year tradition of the Fed may be broken! Powell may break the tradition by using "dot plots" to launch the first shot of reform, forcing the market to move forward in the dark.

According to the Wisdom Finance app, an important element may be missing when the Federal Reserve ends its policy meeting on Wednesday - a "dot". At that time, the Federal Open Market Committee (FOMC) will release its quarterly update, showing officials' expectations for interest rates this year, as well as until 2028 and beyond. The market will closely analyze this chart, usually referred to as a "dot plot," to understand how Fed officials view the economy and its impact on monetary policy. However, most Wall Street Fed watchers expect that the new chair, Kevin Wash, will not participate in submitting forecasts, either because he only took office on May 22 and feels unprepared, or simply because he does not like the dot plot and its impact on forward guidance.