Citigroup delays Fed rate-cut forecast to 2027 after strong U.S. jobs report
Citigroup now sees three quarter-point cuts in 2027 as stronger payroll gains and steady unemployment shift attention back to inflation.
9 Articles
9 Articles
Citigroup has significantly postponed its expectations regarding Federal Reserve interest rate cuts following strong employment data in the US. The bank announced that it now expects the Fed to make its next 25 basis point interest rate cut in June 2027. According to Citigroup's new forecast, the Fed is expected to implement three separate 25 basis point interest rate cuts in June, September, and December 2027. Citi previously predicted cuts in …
The American bank Citigroup has significantly postponed the date of the expected reduction of interest rates by the American central bank. Its forecast was influenced by the latest data from the American labor market, which pointed to much higher creation of new jobs than expected. The Reut agency reported this...
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