Fed Dot Plot: Still Expects Two Rate Cuts This Year, but More Officials Prefer No Cuts
According to Jinshi Data, the Federal Reserve's dot plot shows that among 19 officials, 7 believe there will be no rate cuts in 2025 (up from 4 in March), 2 believe there should be a total rate cut of 25 basis points in 2025, or one cut (down from 4 in March), 8 believe there should be a total rate cut of 50 basis points, or two cuts (down from 9 in March), and 2 believe there should be a total rate cut of 75 basis points, or three cuts (the same as in March).
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ASML to raise prices of equipment parts in Korea by 10% starting January next year
According to Korean media reports, ASML, the world’s largest semiconductor equipment manufacturer, will implement a uniform 10% price increase on replacement parts for equipment supplied in Korea. The new prices will take effect starting from January next year, and the increase covers all components of both EUV and DUV lithography machines. Industry insiders revealed that in early last month, ASML's headquarters had already expressed its intention to raise prices to Samsung Electronics and SK Hynix through its Korean branch. The adjustment was finalized after negotiations with the procurement departments of both companies.
