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 possibly cutting rates once every other meeting." Her team expects the Federal Reserve to cut rates three times in 2025. Although policymakers have disagreements 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 forecasts on December 18. (Jinshi)