* Where are rates seen in 2015 and the years ahead?

From Mortgage News:


The individual policymakers' expectations, known as the "dots" charts, will reveal whether they still see rates rising in 2015 and hitting 1 percent, on average, by year's end.
Perhaps more intriguing is whether they continue to lower views on where the federal funds rate should settle in the longer-term. In March, the median expectation for the neutral federal funds rate was still 4 percent, but policymakers' dots have recently been edging lower, suggesting rates will not rise as sharply in the years ahead. Posted by Ty Laffoon
The addition to the FOMC of Fischer, who is seen as a dove, could diminish the influence of hawkish officials anxious to tighten policy.

Posted by Ty Laffoon