Odaily Planet Daily News: The Federal Reserve's median forecast for interest rates in 2025 is only a 50 basis point cut, but the Bank of Canada (BCA) expects more 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 said, 'Therefore, a loosening policy of more than 50 basis points will be needed.' The Federal Reserve predicts an unemployment rate of 4.3% by the end of 2025, 'which requires a significant improvement in the momentum of the labor market, and we believe that such a trend shift is unlikely to occur.' (Jin Ten)