Goldman Sachs expects the Fed to cut interest rates by 25 basis points in a row between November 2024 and June 2025

Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points in a row between November 2024 and June 2025, with a final interest rate range of 3.25% -3.5%; the European Central Bank is expected to cut interest rates by 25 basis points in October and 25 basis points in a row thereafter until the policy rate reaches 2% in June 2025.