Fed dot map interpretation: 9 officials expect to cut interest rates twice this year

Huobi HTX reported that the Fed's dot chart shows that after the September interest rate resolution, one official of the 19 officials believed that interest rates should be raised once this year, six officials believed that interest rates should be cut again (two in June), two officials believed that interest rates should be cut again by 25 basis points, that is, one more time (8 in June), nine officials believed that interest rates should be cut again by 50 basis points, that is, two more times (two in June), and one official believed that interest rates should be cut again by 125 basis points in 2025, that is, at least two interest rates cuts of 50 basis points or more (0 in June).