FOMC News Today ๐ฅ
๐๐ฌ Fed Faces a Split Decision on 2025 Rate Cuts! ๐ธโ๏ธ
๐จ According to Odaily, the Federal Reserveโs dot plot is painting a mixed picture for 2025! Hereโs the scoop:
๐ฅ Out of 19 Fed officials:
๐น 7 officials ๐ say NO rate cuts at all โ up from 4 back in March!
๐น 2 members ๐ช favor a 25 bps cut (1 rate cut) โ down from 4 earlier.
๐น 8 policymakers ๐ต back a 50 bps cut (2 rate cuts) โ slightly fewer than Marchโs 9.
๐น 2 voices ๐ are holding steady for a 75 bps cut (3 rate cuts) โ same as before.
โ ๏ธ Bottom line: The Fed is far from united on the path forward, and markets are watching every move! ๐๐ผ