According to CoinWorld news, on July 15 (UTC+8), the Bank of America’s July global fund manager survey shows that the Federal Reserve is most likely to cut interest rates twice this year. Among the fund managers surveyed, 47% expect two rate cuts in 2025; about one-third (34%) expect one rate cut; 10% of respondents believe interest rates will remain unchanged this year; 8% expect three rate cuts in 2025; only 1% predict that the number of rate cuts will exceed three. Currently, the federal funds rate is in the range of 4.25%-4.50%.