Gold Finance reported that major Wall Street brokerages have differing predictions on the Fed's future interest rate cut path. Bank of America predicts the Fed will cut rates by 75 basis points in the fourth quarter of 2024 and by another 125 basis points in 2025, bringing the target rate down to 2.75%-3.00%. Goldman Sachs expects rate cuts of 25 basis points at each meeting from November 2024 to June 2025, with a terminal rate of 3.25%-3.50%. Citigroup maintained its rate cut prediction for 2025 but lowered the rate cut for December 2024 to 25 basis points. Morgan Stanley expects the Fed to implement multiple 25 basis point rate cuts before the middle of 2025. Wells Fargo warned of high market uncertainty, with the potential for rate cuts ranging from 150 to 350 basis points, depending on the economic landing situation.