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Hawkish Fed dot plot signals more hikes, market talk says

Fed Chairman Kevin Warsh did not submit a dot for the September dot plot. The other 18 officials’ dots for 2026 imply a hawkish stance, with all but two officials thinking that today’s rate increase won’t be the last, according to TradingView News market talk.

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As he did in June, Fed Chairman Kevin Warsh did not submit a dot to the Fed's forward-looking September dot plot. The other 18 dots for 2026 pointed to a hawkish view, with all but two officials indicating that today's rate increase would not be the last. Twelve officials saw one more hike by t…