Fed dot plot shows 9 of 18 officials expect 2026 rate hikes, 8 see no change

The Federal Reserve's June dot plot showed forecasts from 18 of 19 officials. For 2026, one projected 75 basis points of cumulative hikes, five projected 50, three projected 25, eight saw no change, and one projected a 25 basis point cut, meaning nine officials expected hikes.