FOMC News Today 🔥
📉💬 Fed Faces a Split Decision on 2025 Rate Cuts! 💸⚖️
🚨 According to Odaily, the Federal Reserve’s dot plot is painting a mixed picture for 2025! Here’s the scoop:
👥 Out of 19 Fed officials:
🔹 7 officials 🛑 say NO rate cuts at all — up from 4 back in March!
🔹 2 members 🪙 favor a 25 bps cut (1 rate cut) — down from 4 earlier.
🔹 8 policymakers 💵 back a 50 bps cut (2 rate cuts) — slightly fewer than March’s 9.
🔹 2 voices 📉 are holding steady for a 75 bps cut (3 rate cuts) — same as before.
⚠️ Bottom line: The Fed is far from united on the path forward, and markets are watching every move! 👀💼