Fed's dot plot shows divergence in expectations for 2025 rate cut
According to BlockBeats, on December 19, the Federal Reserve's dot plot showed that among the 19 officials, one official believed that interest rates should not be cut in 2025.
Three officials believe that the interest rate should be cut by 25 basis points in total by 2025, and 10 officials believe that the interest rate should be cut by 50 basis points in total.
In addition, three officials believed that the cumulative interest rate cut should be 75 basis points, one official believed that the cumulative interest rate cut should be 100 basis points, and another official believed that the cumulative interest rate cut should be 125 basis points.