Four Fed officials expect no rate cuts this year, up from two in March. Seven officials expect one rate cut this year, and eight expect two. This means that a slight majority believes that the base case is no more than one rate cut this year.
Four Fed officials expect no rate cuts this year, up from two in March. Seven officials expect one rate cut this year, and eight expect two. This means that a slight majority believes that the base case is no more than one rate cut this year.