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were penciling

  • past progressive
    of pencil.
    pencil
    noun
    a slender tube of wood, metal, plastic, etc., containing a core or strip of graphite, a solid coloring material, or the like, used for writing or drawing.

Example Sentences

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See Examples For:

Fed policymakers had previously indicated in their September Summary of Economic Projections that they were penciling in rate cuts at both the October and December meetings.

From Barron's ● Oct. 29, 2025

Fed officials have said they were penciling in three cuts to rates this year, as inflation hopefully cools toward their 2% target from its peak above 9% two summers ago.

From Seattle Times ● Feb. 13, 2024

That’s less than the full percentage point of cuts they were penciling in as of June.

From Seattle Times ● Sep. 20, 2023

Among 24 analysts who answered an additional question, 12 predicted U.S. residential rents will rise between 2%-5% over the next 12-months and 10 were penciling in a 5%-10% increase.

From Reuters ● Aug. 27, 2021

“They were penciling me to death,” Liptrap said.

From Slate ● Feb. 17, 2016