CoinVoice has learned that, according to Jinshi reports, the Federal Reserve's median forecast for the 2025 interest rate is only a reduction of 50 basis points, but the Bank of Canada (BCA) expects more rate cuts. BCA analysts stated in a report that inflation is likely to be lower than the Federal Reserve's 2025 forecast, while the unemployment rate may be higher than the Federal Reserve's 2025 forecast.
They stated: "Therefore, a loosening policy of more than 50 basis points will be needed." The Federal Reserve predicts that the unemployment rate will be 4.3% by the end of 2025, "which requires a significant improvement in the momentum of the labor market, and we believe this trend reversal is unlikely to occur." [Original link]