According to Coin World news and the Federal Reserve's official website, in 2025 the Federal Reserve will welcome 2 "hawkish" voting members, 1 "dovish" voting member, and 1 neutral voting member. Chicago Fed President Austan D. Goolsbee, Boston Fed President Susan M. Collins, St. Louis Fed President Alberto G. Musalem, and Kansas City Fed President Jeffrey R. Schmid will become the new rotating voting members, replacing the 4 rotating voting members of 2024: Richmond Fed President Thomas I. Barkin, Atlanta Fed President Raphael W. Bostic, San Francisco Fed President Mary C. Daly, and Cleveland Fed President Beth M. Hammack. Bloomberg's analysis suggests that the positions of the Federal Open Market Committee (FOMC) voting members in 2025 will be more dispersed, with neutral situations decreasing, which could lead to more disagreements. Barron's Weekly believes that the rotating voting members may tilt the Federal Reserve's decisions in 2025 towards a "hawkish" stance. Reuters analysis indicates that over time, Federal Reserve policymakers may find their disagreements resurfacing, especially if the cooling of the labor market outpaces inflation. The increase in hawkish voting members in the Federal Open Market Committee could heighten the risk of disagreements, although this may not change policy outcomes. The Federal Reserve's official website shows that the Federal Reserve will hold 8 meetings in 2025, in January, March, May, June, July, September, October, and December. The dot plot released by the Federal Reserve in December 2024 indicates that the Federal Reserve has reduced the number of expected rate cuts, from 4 in the September forecast to 2 for 2025, and the median interest rate forecast has been raised from 3.4% in September to 3.9%.