According to Odaily Planet Daily, Bloomberg columnist Clive Crook suggested that the Federal Reserve should consider canceling the "dot plot" in its review of the monetary policy framework.
The Fed will begin a review of its monetary policy strategy, tools and communications, a need underscored by this month’s rate cut and investor reaction.
Clive Crook believes that reforming the economic forecast summary, including removing the "dot plot", is one way to solve the problem. The "dot plot" is often misunderstood, and the Federal Reserve has repeatedly stressed that it is not a plan or commitment, but only a forecast.