ICYMI: Citigroup shifts Fed fee reduce name to June, maintains 125 bps easing 2025 forecast

Citigroup economists have pushed again their forecast for the Federal Reserve’s subsequent rate of interest reduce to June, revising their earlier expectation for a transfer in Might.

Regardless of the shift in timing, Citi has left its broader outlook for 2025 unchanged, persevering with to undertaking a complete of 125 foundation factors of fee cuts by year-end.

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The up to date forecast is one in all many which might be coming amid renewed market debate over the timing and extent of fee cuts.

In the meantime, Trump continues his assault on markets and the Fed:

• Ubaidahsan Americas FX information wrap: US greenback struggles to get off the ground

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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