Core Viewpoint - The Federal Open Market Committee (FOMC) officials must balance between inflation and employment targets, indicating a nuanced approach to monetary policy [1] Group 1 - The expectation of two interest rate cuts by the Federal Reserve in 2025 is considered a reasonable outlook [1] - There is room for "recalibrating" the policy interest rate, suggesting potential adjustments in response to economic conditions [1] - The U.S. economy is clearly slowing down, but the growth rate is not characterized as slow [1]