On June 19, according to the Golden Ten data, the Federal Reserve kept the benchmark interest rate unchanged at 4.25%-4.50%, the fourth consecutive meeting, in line with market expectations. The Fed's dot plot shows that two rate cuts are expected in 2025. (Expected twice in March)


The dot plot from The Federal Reserve (FED) shows that among the 19 officials, 7 officials believe there will be no interest rate cuts in 2025 (4 in March), 2 officials believe there should be a cumulative cut of 25 basis points in 2025, which means one rate cut (4 in March), 8 officials believe there should be a cumulative cut of 50 basis points in 2025, which means two rate cuts (9 in March), and 2 officials believe there should be a cumulative cut of 75 basis points in 2025, which means three rate cuts (2 in March).
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