@0xfad
The Fed is HIGHLY divided:
In today's Fed dot-plot, 9 out of 19 Fed members saw the need for 50 basis points of additional rate cuts in 2025.
However, 6 out of 19 Fed members believe ZERO additional rate cuts are needed this year.
Meanwhile, 1 member thinks the Fed will HIKE this year and 1 member thinks the Fed is going to CUT 125 basis points by January.
This is, by far, one of the most divided Fed boards in years.
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