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Does the Fed suggest a 25bp interest rate cut 3 times in 2024

$Palantir(PLTR.US)$Expected to break through $24 in the year-end rally!
The policy interest rate forecast (median) for the end of 2024 by FOMC members is 4.50 to 4.75%
Currently 5.25 to 5.50%. That would be 75 bp lower
Does that mean the Fed will cut interest rates by 25 bp 3 times next year?
Expectations of stock price increases every time interest rates are cut
Will they recapture the highest Palantia price with [3 interest rate cuts+S&P 500 adoption+4 favorable financial results] next year?!
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