What Decision Will the FED Make Regarding Interest Rates at the Last Meeting of 2025? 40 Economists Responded!
Altcoins started the critical week in which the last FED interest rate decision of the year will be announced with a rally.
BTC has risen above 91 thousand dollars again, while American economists are looking at the FED's interest rate cut announcement this week with certainty.
According to a report by the Financial Times, 85% of the 40 economists participating in a joint survey conducted by the Chicago Booth Clark Center and FT reported that they expect interest rates to be lowered at the FED meeting.
However, economists also noted that there would be a disagreement among FED members regarding the interest rate cut.
Only one participant predicted that the decision on the interest rate cut would be made unanimously. 60% of the other participants expected that two people would vote against the interest rate cut, while more than 30% anticipated that three or more people would vote against it.
According to the data, there have been no examples of two dissenting votes in an FOMC meeting since September 2019. Since 1992, there have not been more than three dissenting votes.
Economists indicated that the person with the highest likelihood of voting against is Kansas City FED President Jeff Schmid, who also voted against last October, while they predicted that Boston FED President Susan Collins and Chicago FED President Austan Goolsbee might also vote against.
The majority of economists stated that while discussing this year's interest rate decisions, FOMC members prioritized whether to focus on a weakening labor market compared to inflation, which has remained above the FED's 2% target since spring 2021.
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