Rick, Here is my version of Fed's dot plot.

ods html style=journal;
ods graphics / width=800px height=600px noborder ;
proc sgplot data=FedRates noautolegend noborder;
refline 0 to 7 / axis=y lineattrs=(color=black) ;
refline 'Longer Run' / axis=x discreteoffset=-0.5 lineattrs=(pattern=shortdash);
scatter x=TimePeriod y=TargetRate /y2axis jitter markerattrs=(symbol=circlefilled color=SteelBlue);
y2axis display=(noline ) offsetmax=0 offsetmin=0.05
minor minorcount=1 grid minorgrid gridattrs=(pattern=dot color=black) minorgridattrs=(pattern=dot color=black)
values=(0 to 7 by 0.5) valuesformat=f4.1 label='Percent' labelpos=top ;

scatter x=TimePeriod y=TargetRate /markerattrs=(size=0);
yaxis display=(noline nolabel novalues) offsetmax=0 offsetmin=0.05
minor minorcount=1 grid minorgrid gridattrs=(pattern=dot color=black) minorgridattrs=(pattern=dot color=black)
values=(0 to 7 by 0.5) ;

xaxis display=(nolabel) tickstyle=inbetween ;
run;