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

-

Last I have from GS is expecting a 25bp cut this week.

Goldman Sachs