Goldman Sachs predicts that the Federal Reserve will consecutively cut interest rates by 25 basis points from November 2024 to June 2025

Goldman Sachs predicts that the Federal Reserve will consecutively cut interest rates by 25 basis points from November 2024 to June 2025, with the final interest rate range reaching 3.25%-3.5%. It is also predicted that the European Central Bank will cut its interest rate by 25 basis points in October, and continue to do so until the policy rate reaches 2% in June 2025.