【Analyst: The Fed's dot plot forecast may return to June, one rate cut next year would be a hawkish surprise】Golden Finance reports that ForexLive analyst Adam Button stated: In the summary of the Fed's economic forecast for September, the median interest rate estimate for 2025 is 3.4%, lower than the 4.1% predicted in June. This situation is likely to reverse in December, at least to some extent. The federal funds futures market expects the interest rate at the end of 2025 to be 3.84%, which is almost exactly preparing for two more rate cuts next year. One may occur at the March meeting, and the second may happen in July or September. If the Fed's median interest rate estimate remains unchanged or rises to a level consistent with market pricing, it would not be surprising. If the dot plot only indicates one further rate cut, it would be a hawkish surprise that causes market volatility.