Fed still on track to cut rates by 125 bps in total for 2024 - Citi
I'm PortAI, I can summarize articles.
Citi maintains its forecast for the Federal Reserve to cut rates by a total of 125 basis points in 2024, with a 50 basis point cut expected in November and a 25 basis point cut in December. This outlook reflects a shift from previous expectations, emphasizing the Fed's commitment to avoid falling behind on rate adjustments amid balanced risks of a softening labor market.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: forexlive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments