CoinVoice has learned that Matthew Ryan, the market strategy director of financial services company Ebury, stated that two rate cuts by the Federal Reserve in 2025 remain the baseline forecast for most policymakers. Given the significant uncertainty surrounding tariffs, they may not have enough confidence to substantially change their views.

However, there is a risk that a minority of officials believe that the rate cuts this year will be lower than previously expected, which could be enough to change the situation, leaning towards only a 25 basis point cut in 2025. The hawkish dot plot and Powell's emphasis on the lack of urgency to lower rates may provide some room for the dollar to strengthen in the latter half of this week. [Original link]