Baida Macro: The Federal Reserve may lower GDP expectations and raise inflation expectations

BlockBeats News: On March 19th, Frederik Ducrozet, head of macroeconomic research at Baida Wealth Management, stated in a report that the Federal Reserve is expected to maintain interest rates unchanged at tonight's meeting, and Federal Reserve Chairman Powell may reiterate that there is no rush to cut interest rates. It is expected that the Federal Reserve will lower its 2025 GDP forecast, raise its inflation forecast, and acknowledge increased uncertainty. The dot plot is expected to show that the median expectation of two interest rate cuts this year remains unchanged, and the risk tends towards one interest rate cut. Baida Wealth Management also expects that the Federal Reserve will cut interest rates once in June, and there will be no further rate cuts in 2025 due to the acceleration of inflation. (Golden Ten)