Hello and welcome to the dot plot episode of Sleet Money, your guide to the business and finance news of the week.

I'm Felix Simon of Ax week. I'm Felix someone of

Axios I'm here with Emily Peck also of Axios. Hello. We're here with Elizabeth

Spires. Hi. And we are going to talk about dot plots. We are going to talk about the Fed and how important it is and how it communicates and why it's communicating with this weird thing called a dot plot and what a dot plot is. You will learn all about that.

We are going to talk about

Lena Khan who runs the FTC in why she's going after Microsoft. We are going to

talk about Sam Bankman's Reed and US extra territoriality. We are going to have a slate plus segment on holiday

parties. It's all coming up on slate money. This episode is brought to you by Revolute.

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Until 18 of June 2024, 18 plus, T's and C's apply, exchange fees and fair usage limits supply.

So let's start this week with supply.

So let's start this week with the Fed, which raised rates again, half a point, which we're on such a crazy tightening cycle right now that half a point seems low. It's like, well, okay.

But more interestingly, they did this thing called a dot plot and so that was their way of telling the

rest of us in cute little data vise form just what we can expect from interest rates over the next year.

Emily, what can we expect from interest rates over the next year?

They're going to go up a little bit more.

But not a lot more?

...