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On December 19, Forexlive analyst Adam Button stated: The median interest rate forecast for 2025 in the Federal Reserve's September economic forecast summary is 3.4%, lower than the 4.1% predicted in June. This situation is likely to reverse in December, at least to some extent. The federal funds futures market expects the interest rate at the end of 2025 to be 3.84%, which is almost exactly preparing for two more rate cuts next year. One of them may take place at a meeting in March, and the second one could occur in July or September. If the median estimate of Fed's interest rates remains unchanged or rises to match market pricing, it would not be surprising either. If dot plots only show one further cut, that would be a hawkish surprise causing market volatility.

On December 19, Marc Chandler, Chief Market Strategist at Bannockburn Global Forex, stated, "My personal feeling is that the Federal Reserve is expected to take aggressive interest rate cuts. However, the dot plot shows subsequent rate cuts are lower than anticipated in September. Powell will also reiterate his previous statement that economic growth is stronger than expected. Therefore, through the dot plot and his hints, I believe the conclusion drawn by the market is that the Federal Reserve will not cut rates as aggressively next year as they previously anticipated."