Interpreted Prediction
The Federal Reserve's median projection indicates two more 25 basis point rate cuts are expected before the end of 2025.
AI Evaluation Notes
The prediction stated that the Federal Reserve was expected to cut interest rates by 50 basis points before the end of 2025. However, the Federal Reserve held rates steady at its December 2025 meeting, with the Fed Funds rate remaining at 5.25-5.5%, and no rate cuts occurred before the end of 2025.