The Fed's dot plot suggests a 75 basis point rate cut next year

The Fed's FOMC statement shows that it will assess the extent to which "any" additional rate hikes are needed. The Fed's dot plot suggests a 75 basis point rate cut next year, with the median forecast for the federal funds rate at the end of 2024 at 4.6%.

The committee's "dot plot" also depicts four rate cuts in 2025 and three rate cuts in 2026, which will adjust the federal funds rate to a range of 2% to 2.25%.

The Fed announced that it would keep interest rates unchanged

The Fed announced that it would keep interest rates unchanged in the range of

5.25%-5.50%, in line with expectations. In the eight resolutions this year, the Fed made four 25 basis point rate hikes and kept interest rates unchanged in another four resolutions. #币安合约锦标赛 #BTC #etf $BTC $ETH