We are given that \( x + z = 2y \) and \( y = \frac{\pi}{4} \).
First, let's substitute the value of \( y \):
\[
x + z = 2 \times \frac{\pi}{4} = \frac{\pi}{2}
\]
Thus, \( x + z = \frac{\pi}{2} \).
Now, we know that:
\[
\tan(x + z) = \tan \left(\frac{\pi}{2}\right)
\]
Since \( \tan \left(\frac{\pi}{2}\right) \) is undefined, but we can use the formula for the tangent of a sum:
\[
\tan(x + z) = \frac{\tan x + \tan z}{1 - \tan x \cdot \tan z}
\]
For the equation to hold, we need:
\[
1 - \tan x \cdot \tan z = 0 \quad \Rightarrow \quad \tan x \cdot \tan z = 1
\]
Now, we multiply both sides by \( \tan y = 1 \) (since \( \tan \frac{\pi}{4} = 1 \)):
\[
\tan x \cdot \tan y \cdot \tan z = 1 \times 1 = 1
\]
Thus, the correct answer is \( 1 \).