Goldman Sachs Anticipates a Series of Consecutive 25 Basis Point Rate Cuts by the Fed

Goldman Sachs recently announced its forecast regarding interest rate adjustments by the U.S. Federal Reserve, projecting that the Fed will implement a series of consecutive 25-basis-point (bps) cuts from November 2024 through June 2025. This anticipated reduction will lower the terminal interest rate to a range between 3.25% and 3.5%. The prediction follows an earlier...