Federal Reserve's dot plot shows that out of 19 officials, 1 official believes that there will be no rate cut in 2025 (compared to 7 in June), 6 officials believe that there should be a cumulative rate cut of 25 basis points in 2025, i.e. 1 rate cut (compared to 2 in June), 2 officials believe that there should be a cumulative rate cut of 50 basis points in 2025, i.e. 2 rate cuts (compared to 8 in June), 9 officials believe that there should be a cumulative rate cut of 75 basis points in 2025, i.e. 3 rate cuts (compared to 2 in June). One official (likely Milan) believes that there should be a significant rate cut of 150 basis points in 2025, i.e. at least two more significant rate cuts within the year (75BP+50BP).
All Comments