Dot chart interpretation: Fed will cut interest rates by 50 basis points this year

On September 19, the median of the Federal Reserve dot plot shows that the Federal Reserve will cut interest rates by a total of 100 basis points in 2024. After cutting interest rates by 50 basis points in September, there are still 50 basis points expected to cut interest rates. The Federal Reserve is expected to cut interest rates by another 100 basis points in 2025, the same as the rate cut expected in the dot plot in June. < br > < img src = "https://flash-scdn.jin10.com/1477541b-bd1e-48ab-9838-19b0c0686701.jpg" referrerpolicy = "no-referrer" >