Citigroup Expects Fed to Cut Rates by 25 Basis Points in December
Article is form Jinse
September 19, 2024
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Citigroup expects the Federal Reserve to cut interest rates by 25 basis points in December, according to a report by Jinse Finance. The previous forecast was for a 50 basis point cut. Citigroup maintained its forecast of a 125 basis point cut in 2024.
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