Here's the new Fed dot plot

The Federal Reserve just announced, as widely expected, that it intends to raise the benchmark Fed funds rate to a range between 1% and 1.25%, up from the 0.75% to 1% range established in March. The central bank also gave us some idea about what its policy makers think is coming in the future.
The "dot plot," part of the FOMC's Summary of Economic Projections released along with the policy decision statement, shows where each participant in the meeting thinks the Fed funds ra