For more business and finance explainers, check out our Yahoo U page. Since 2011, the Federal Reserve has published a chart known as the “dot plot,” which maps out policymakers’ expectations for where interest rates could be headed in the future. The dot plot serves as a guide for financial markets, which tend to dislike policy surprises from the nation’s central bank. But the dot plot also runs the risk of sending the wrong message, since forecasts are often wrong. What is a Federal… Source link
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The Conversation Brazil’s president rejects COVID-19 vaccine, undermining a century of progress toward universal inoculation The world is eagerly awaiting the release of several COVID-19 vaccines, but Brazilian President Jair Bolsonaro is not. “I’m not going to take it. It’s my right,” he said in a Nov. 26 social media broadcast. Bolsonaro, who came down with COVID-19 in July, has also criticized face masks. He and his more faithful supporters oppose any suggestion of mandatory… Source link
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