The March meeting of the Federal Open Market Committee is on the 20th and 21st.

  • Yes, there will be a Summary of Economic Projections and a press conference by the Chair

What to expect? Barclays have taken a survey on expectations on what the median Fed dots will be at this meeting:

2018:

  • Most (53%) believe the Fed will keep signalling three hikes for 2018
  • More than a third expects the median dot to indicate four hikes

For 2019:

  • Majority expects the dots to signal three additional hikes (ie, fed funds between 2.75-3.00%)
  • 38% of respondents expect the median dot to remain at the current 2.63% for year-end 2019

2020:

  • 85% expect the median dots to be in the 3.00-3.25% range