BlockBeats News, November 29th, Senior Economist at Wells Fargo, Sarah House, stated, "As we enter 2025, we may see a slowdown in the pace of future rate cuts, with the Fed potentially cutting rates every other meeting." Her team expects the Fed to cut rates three times in 2025. While policymakers may differ on specific details, Wall Street economists generally believe that the Fed's current rapid rate-cutting pace will not continue.
According to Bloomberg data, the market currently expects the Fed to cut rates about twice in 2025. The Fed will release updated forecasts on December 18th. Economists at Morgan Stanley and JPMorgan have a similar view to Wells Fargo on the Fed's rate-cutting path, suggesting that by the end of 2025, the federal funds rate will remain in the range of 3.5%-3.75%.