【Analyst: The Dot Plot is Where the Fed's Hawks Are Most Likely to Show Their 'Claws'】Golden Finance reports that analyst Yohay Elam stated that inflation is declining, but the recent pace has made many uneasy, as data shows that core CPI remains above 3%. There is a good reason for prices to continue rising rapidly: a strong economy and a resilient job market. While current data provides the Fed with reasons to cut rates for the third consecutive time, officials may hint that the pace of lowering borrowing costs will slow next year. The key to the market's initial reaction lies in the Fed's economic projections summary, namely the dot plot, where Fed officials' forecasts on inflation, unemployment rate, economic growth, and interest rates are crucial. This is where the hawks might show their claws. Investors are concerned that the Fed will only signal two rate cuts in 2025. Fed Chairman Powell's press conference may prove otherwise. He might alleviate concerns and open the door for further rate cuts. In summary, the Fed's final rate decision for 2024 is a complex and highly volatile event.