Fed Dot Plot "hawkish reversal": Half of officials expect rate hikes this year, inflation forecast raised.

According to the app of Wisdom Finance, Kevin Wash, the chairman of the Federal Reserve, pledged to restore price stability at his first policy meeting since taking office. Prior to this, Federal Reserve officials voted to maintain interest rates and indicated an increasing possibility of a rate hike this year. The dot plot shows that half of the officials expect a rate hike this year, while inflation forecasts have been raised.