BlockBeats news, on November 29, Wells Fargo senior economist Sarah House stated, "As we enter 2025, we may see a slowdown in the pace of future rate cuts, with the Federal Reserve potentially cutting rates once every other meeting." Her team anticipates that the Federal Reserve will cut rates three times in 2025. Although policymakers have differences on specific details, Wall Street economists generally believe that the current rapid pace of rate cuts by the Federal Reserve will not continue.
According to Bloomberg data, the market currently expects the Federal Reserve to cut rates about twice in 2025. The Federal Reserve will release its updated forecast on December 18. Economists at Morgan Stanley and JPMorgan have views on the Federal Reserve's rate-cutting path similar to those of Wells Fargo, indicating that the federal funds rate will remain in the range of 3.5%-3.75% by the end of 2025. (Golden Ten)