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US Central Banks Dot Plot Unfolds One Cut, Fed Defies Trump's Call for an Immediate Rate Cut Again

The US Federal Reserve’s latest dot plot signals just one rate cut ahead, defying calls from Donald Trump for an immediate and aggressive reduction. The cautious stance reflects the Fed’s ongoing concerns over inflation and economic stability, even as political pressure mounts. Markets reacted to the outlook with mixed signals, as investors recalibrate expectations around interest rates, borrowing costs, and economic growth. The decision underscores the central bank’s commitment to data-driven policy amid uncertainty in the US and global economy.