Investing Updates: Here's What Wall Street's Biggest Banks Predict For Fed Rate Cut in 2025

URL: https://ttm.financial/news/1185406326?lang=en_US&edition=fundamental

Gemini summarized:

The Fed cut interest rates to 4.25%-4.5% and now forecasts two rate cuts in 2025, down from four in September. Goldman Sachs, Bank of America, and Wells Fargo predict three cuts in 2025, skipping January, while Morgan Stanley expects two 25-basis-point cuts. Fed Chair Powell emphasized a cautious approach following significant easing of monetary policy.