According to Jinshi, some Wall Street banks' forecasts for the next four interest rate decisions of the Federal Reserve FOMC and the range of interest rate adjustments throughout the year are as follows: Bank of America, Barclays and Deutsche Bank predict that there will only be one interest rate cut in 2024. Goldman Sachs expects the Federal Reserve to cut interest rates twice this year, Morgan Stanley expects three interest rate cuts, and Citigroup expects four interest rate cuts. Most institutions believe that interest rate cuts may start from the July meeting.