The Financial Times Monetary Policy Radar Team expects the Federal Reserve to cut interest rates twice in 2025

Odaily reports that the Monetary Policy Radar team of the Financial Times expects the Federal Reserve to cut interest rates twice in 2025, with a 6-month interval between the two rate cuts. In its Beige Book report on a survey of regional business contacts, the Federal Reserve stated that economic activity in its 12 regional districts grew "slightly or moderately" in late November and December, an improvement from the previous report issued in early December. The Beige Book is one of the regular economic briefing documents received by Federal Reserve officials before policy meetings. The officials' next meeting will be held on January 28-29. The futures market indicates that it is highly unlikely for the Fed to cut the benchmark lending rate at this meeting.