On June 12th, Jinshi Data reported that NatWest Bank predicts that the dot plot will show a 50 basis point (twice) rate cut in 2024, a 75 basis point (three times) rate cut in 2025, and a 100 basis point (four times) rate cut in 2026. In March, the dot plot expectation was that the Fed would cut interest rates by 75 basis points (three times) per year. NatWest Bank predicts that in reality, the Fed will only cut interest rates once in December, by 25 basis points, and then cut interest rates eight times in 2025, with a cumulative rate cut of 200 basis points.