Goldman Sachs forecasts S&P 500 to 6000, Fed charge cuts supporting

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.

This article was written by Eamonn Sheridan at www.forexlive.com.