Another Federal Open Market Committee statement, another Jerome Powell press conference, another round of runic dot plots, another bout of hyperventilation as markets and the press attempt to make sense of new marching orders from the Federal Reserve.

The original article is here.

I know 'rune' means old character or mysterious symbol and 'plot' does conspiracy. Do 'runic dot plots' figuratively mean some attempts hard to understand and evil? If so what does 'dot' mean?

1 Answer 1


A dot plot is a simple chart for illustrating a data set. Each item in the data set is represented as a dot, and you can see the frequency as the number of dots in a particular category.

The federal reserve uses a dot plot to show the distribution of official forecasts for the main short term borrowing rate.

enter image description here

These are (poetically) described as "runic" meaning "mysterious and hard to interpret".

"Plot" is unrelated to the meaning of "conspiracy". A hyphen would have made clear that this is a "dot-plot" and a type of statistical chart.

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .