TechFlow News, on November 29, Wells Fargo senior economist Sarah House said, "As we move into 2025, we could see a slower pace of rate cuts going forward, with the Fed cutting rates once every other meeting." Her team expects the Fed to cut rates three times in 2025. Although policymakers differ on specific details, Wall Street economists broadly agree that the Federal Reserve's current rapid pace of rate cuts will not continue.
According to Bloomberg data, markets currently expect the Fed to cut rates about twice in 2025. The Federal Reserve will release updated projections on December 18. (Jinshi)
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