Federal Reserve dot plot: Overall more accommodative, one official expects a 150 basis point rate cut within the year

ChainCatcher news, according to Jinshi reports, the Federal Reserve's dot plot shows that among 19 officials, 1 official believes there will be no rate cut in 2025, 6 officials believe there should be a cumulative rate cut of 25 basis points, 2 officials believe there should be a cumulative rate cut of 50 basis points, and 9 officials believe there should be a cumulative rate cut of 75 basis points. It is highly likely that 1 official from Milan expects a significant rate cut of 150 basis points in 2025, believing that there will be at least two more significant rate cuts within the year.