📉 FOMC DAY | RATE CUT BETS ARE SLIPPING Kalshi traders now forecast 3 rate cuts in 2025 — down from a recent peak near 4, reflecting fading momentum as the Fed prepares to speak. Wall Street is split: 🔹 Goldman: 3 cuts (Jul, Sep, Nov) 🔹 Morgan Stanley: 0 cuts 🔹 BofA: 4 cuts 🔹 Citi: 5 cuts 🔹 JPM & Barclays: 2 cuts 🔹 Fed median: 2 cuts Will Powell steer back toward easing — or double down on caution? https://kalshi.com/markets/kxratecutcount/number-of-rate-cuts