Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated on Tuesday that additional progress is required before […]Economics, Citi analysts, CME Fedwatch tool, economic growth, economics, Federal Funds Rate, Federal Reserve, FOMC meetings, inflation, jerome powell, rate cuts, U.S. services jobsRead More
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