Goldman Sachs forecast a long series of consecutive FOMC 25bp rate cuts ahead

  • First cut coming at the November meeting then at each until June 2024

Goldman Sachs on the Federal Open Market Committee (FOMC), are projecting 25bp rate cuts at the meetings in

  • November
  • December
  • January
  • March
  • May
  • June

"To a terminal rate of 3.25 - 3.5%"

The Federal Open Market Committee (FOMC) next meet on November 6 and 7, then December 17 and 18. After that:

fed dates 2025 07 October 2024 2

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