The Fed's dot plot shows that among the 19 officials, one official believes that there should be no interest rate cut in 2025, three officials believe that the cumulative interest rate cut should be 25 basis points in 2025, 10 officials believe that the cumulative interest rate cut should be 50 basis points in 2025, three officials believe that the cumulative interest rate cut should be 75 basis points in 2025, one official believes that the cumulative interest rate cut should be 100 basis points in 2025, and one official believes that the cumulative interest rate cut should be 125 basis points in 2025. (Jinshi)