<p>Michelle and Vox unpack why the Fed’s dot plot is useful, why markets still overread it, and why critics like Kevin Warsh see it as a communication risk. By the end, listeners will have a cleaner way to read individual rate projections without mistaking them for a fixed policy plan.</p>

Michelle and Vox unpack why the Fed’s dot plot is useful, why markets still overread it, and why critics like Kevin Warsh see it as a communication risk. By the end, listeners will have a cleaner way to read individual rate projections without mistaking them for a fixed policy plan.

S1E32 - When the Dot Plot Sounds Like a Promise

Thinking in Markets focuses on the structure behind global markets — time, liquidity, and the interaction between futures and cash sessions. From macro instruments like rates and FX to equities across Asia, Europe, and the U.S., each episode turns complex systems into simple, durable frameworks.

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S1E32 - When the Dot Plot Sounds Like a Promise

S1E32 - When the Dot Plot Sounds Like a Promise