Fed Could Ditch Flawed 'Dots' Rates Forecasts: Fisher - Presented by: The Aol. On Network

There are flaws in the published forecasts of individual Federal Reserve policymakers and the U.S. central bank should consider ditching them altogether, a top Fed policymaker said on Friday. Zeroing in on the so-called "dot chart" the central bank published quarterly, which show policymakers' expected path of interest rates, Dallas Fed President Richard Fisher said they are largely the result of guesswork.



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