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The Federal Reserve maintained its previously expected pace of rate cuts but signaled higher inflation and a slowdown in economic growth for 2025. Policymaker forecasts imply an average of two cuts in 2025, as updated on March 19.
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Expected Fed Rate Cuts 2024 Forecast Veda Allegra . The Federal Reserve's dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic outlook for the economy. Most expect the Federal Open Market Committee to cut interest rates in 2025
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