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βοΈFOMC Forecasts a 50bps Rate Cut in 2025 to 3.9% The Federal Reserve has revised its macroeconomic projections, signaling a slowdown in economic growth: π GDP: Expected growth for 2025 has been downgraded from 2.1% to 1.7%. π Unemployment: Forecast raised from 4.3% to 4.4%, indicating a cooling labor market. π₯ PCE Inflation: Now expected at 2.7% instead of 2.5%, which could delay monetary easing. β οΈ Core PCE Inflation also revised up from 2.5% to 2.8%, highlighting persistent price risks. The Fed also plans to slow the pace of quantitative tightening (QT), which could help support market liquidity. π‘ Markets are already pricing in potential policy easing in 2025, but will it be enough to spark a new asset rally?