8 October 2026 | 9:30AM EDT Economics Research 3. Separately, Waller also endorsed the Fed's current approach to communicating its likely policy path, both through officials' public remarks and through the dot plot in the Summary of Economic Projections (SEP), as a "way of communicating ... that has the flavor of forward guidance but isn't forward guidance." The Fed's approach to Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC David Mericle +1(212)357-2619 | david.mericle@gs.com Gol ...