Rate cuts are a near-certainty this year, but there is real disagreement over how many, and in what order they will come
| Morgan Stanley | Five cuts throughout 2025 |
|---|---|
| Goldman Sachs | Quarterly cuts throughout 2025 |
| Allspring Global Investments | Quarterly cuts throughout 2025 |
| AXA Investment Management | Quarterly cuts throughout 2025 |
| Morningstar Investment Management | Three or four cuts throughout 2025 |