[Economists: U.S. unemployment rate could reach 4.4% or higher by the end of 2025] Golden Finance reported that economists at Paiden Reiger Asset Management said in a report on the economic outlook that as inflation falls and unemployment rises, the Federal Reserve could cut interest rates by more than market expectations in 2025. They said the Fed's preferred core inflation measure could fall below 2% at some point in 2025, while the U.S. unemployment rate could reach 4.4% or higher by the end of 2025. They also said the Fed could "easily" cut interest rates by more than the 35 basis point cut currently expected by the U.S. money market in 2025. The optimal level of the federal funds rate would be 3.3%, which would mean at least four rate cuts in 2025.