- The Fed cuts rates by 25 basis points, totaling a 100 basis point reduction in 2024. - Cleveland Fed President Beth Hammack expressed dissent. - The Fed's median forecast shows 2 rate cuts in 2025, totaling 50 basis points. - Inflation forecast for the end of 2025 revised from 2.1% to 2.5%. - Unemployment rate projected at 4.3% by the end of 2025. - One Fed official sees no rate cuts in 2025. #RideTheKaiaWave