Investors will obsess Wednesday over whether Federal Reserve officials pencil in one or two interest rate cuts this year. . .in a state of suspense or agitation because of uncertainty about a future event.
Investors on Tenterhooks for Fed’s Latest Rate-Cut Projections
Debates around the interest-rate path may obscure greater cohesion over the Fed’s current wait-and-see rate stance
Updated ET
What the Fed’s interest rate dot plot this week really means

Federal Reserve chair Jerome Powell. Photo: Al Drago/Bloomberg via Getty Images
Wednesday afternoon, the fate of global financial markets will hang on an array of dots that give clues into how much rate-cutting the Federal Reserve will deliver this year. But Wall Street may be putting too much weight on the so-called dot plot.
Why it matters: The dots create a lot of market noise, . .
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