Citigroup Expects Fed to Cut Rates by 25 Basis Points in December
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September 19, 2024
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According to Mars Finance, Citigroup expects the Federal Reserve to cut interest rates by 25 basis points in December, down from its previous forecast of a 50 basis point cut. The bank maintains its forecast for a total of 125 basis points of rate cuts in 2024. (Jin Shi)
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