Digging Into the New Fed Dot Plot

The transcript discusses the Federal Reserve's recent actions and their impact on interest rates, highlighting the increase in rate projections for 2017. It examines market reactions, particularly the critical yield levels that could signal significant economic changes. The conversation also touches on the upcoming changes in the Fed's composition and the implications of the dot chart's dispersion, indicating an uncertain economic outlook.

What implications does the composition change of the Fed have for future decisions?

In what way does the dispersion of dots reflect the current uncertainty within the Fed?