Citigroup has revised its forecast for the Federal Reserve, now expecting a total of 100 basis points in interest rate cuts starting from July this year. This adjustment follows a strong Personal Consumption Expenditures (PCE) report, suggesting that the Fed might initiate these cuts as early as July.
Citi says Fed likely to cut in July after strong PCE report https://t.co/wVC8TEZh8w https://t.co/5uYDdjfk7Z
Economists at Citigroup dialed back their expectations for interest-rate reductions from the Fed this year https://t.co/whrLWn0WoM
Citigroup changes Fed call to 100bp of cuts this year from July. https://t.co/R7iJxLlNoT
*CITIGROUP CHANGES FED CALL TO 100BP OF CUTS THIS YEAR FROM JULY
CITIGROUP CHANGES FED CALL TO 100BP OF CUTS THIS YEAR FROM JULY.
Citigroup Revises Fed Call To 100bp Of Cuts This Year From July
CITIGROUP CHANGES FED CALL TO 100BP OF CUTS THIS YEAR FROM JULY