Citigroup expects 75 bps of Fed rate cuts next year
I'm PortAI, I can summarize articles.
Dec 18 (Reuters) - Citigroup said on Thursday it expects the U.S. Federal Reserve to cut interest rates by 25 basis points in September 2026.“We are including an additional 25 bps rate cut in September, assuming labor market data looks weaker over the summer and to reflect the increased capacity for the Fed under a new chair to cut,” the Wall Street brokerage said.Citi expects a total of 75 bps of cuts next year, as it maintained its forecast for reductions in January and March.
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: Reuters 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