Why the Fed Will Raise Rates in March

The video discusses the Federal Reserve's decision-making process, focusing on recent economic data and market reactions. It highlights the shift in market expectations for a rate hike, driven by strong economic indicators and stock market performance. The video also examines unemployment and inflation trends, noting improvements in both areas. Finally, it looks at future rate hikes and the infamous dot plot, which forecasts the Fed's monetary policy moves.

What does the 'dot plot' forecast according to the text?

What is the expected action of the Fed starting at 1:00 PM New York time on Wednesday?