Fed Threads Needle of Apathy Today marked one of only 4 days of the year with an updated Fed dot plot. When it came out, there was a fairly pitiful volume response relative to other dot plot days and an even more... (continue reading)

It happens, but it's rare. A Fed "dot plot" day has come and gone with mortgage rates almost perfectly unchanged from the previous day. This speaks to the level of indecision not only in the market, but also among Fed members. First off, what's a "dot plot day?"  The dot plot (or simply, "the dots") refers to a chart/table in the Fed's eco... (continue reading)