Goldman Sachs: The Federal Reserve is expected to cut interest rates by 25 basis points between November 2024 and June 2025

Goldman Sachs said that we expect the Federal Reserve to cut interest rates by 25 basis points between November 2024 and June 2025, and the final interest rate range will reach 3.25%-3.5%; the European Central Bank is expected to cut interest rates by 25 basis points in October, and then continue to cut interest rates by 25 basis points until the policy rate reaches 2% in June 2025. (Jinshi)