Goldman Sachs' projections, citing Fed rate cuts as a key driver:
- end 2024 target 5600 points
- 6-month target 5700
- 12-month target 6000 points
GS expect the Federal Open Market Committee (FOMC) to cut by 200 basis points by the end of 2025
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Last I have from GS is expecting a 25bp cut this week.
