Federal Reserve dot plot: A cumulative rate cut of 50 basis points is expected in 2025, with 4 officials supporting no rate cuts this year

ChainCatcher message, the Federal Reserve's dot plot shows that among 19 officials, 4 officials believe there should be no rate cuts in 2025 (1 in December), 4 officials believe there should be a cumulative rate cut of 25 basis points in 2025, which means 1 rate cut (3 in December), 9 officials believe there should be a cumulative rate cut of 50 basis points in 2025, which means 2 rate cuts (10 in December), 2 officials believe there should be a cumulative rate cut of 75 basis points in 2025, which means 3 rate cuts (3 in December), no officials believe there should be a cumulative rate cut of 100 basis points in 2025 (1 in December), and no officials believe there should be a cumulative rate cut of 125 basis points in 2025 (1 in December).