News

Citi adjusted its forecast for the Federal Reserve's monetary policy following the release of the July jobs report, which indicated a slower-than-expected growth in employment. "We now pencil in ...
For now, Citi said the critical fed funds are expected to fall to a range of 3% to 3.25% by the end of 2025 from the current level of 4.25% to 4.5%. The Wall Street consensus sees just three cuts ...
Citigroup Inc. economists now see a 100 basis-point rate increase as the most likely outcome when the Federal Reserve meets in late July, following data that showed US consumer inflation ...
The Fed could cut 125 basis points by the end of the year, says Citi economist Robert Sockin. Sockin said the Fed will be especially aggressive if employment data weakens further. Investors expect ...
Notably, late last year, the Fed issued three notices concerning matters requiring immediate attention (MRIAs) to Citi. The MRIAs, which ranged from six months to a year, directed the bank to ...
"That would be part of the rationale for the committee now planning to slow the pace of rate cuts," the Citi team wrote. In new comments on Wednesday, Fed governor Chris Waller said he still feels ...
The Fed now sees inflation remaining somewhat higher, with the federal funds rate now projected to end 2025 at 3.9%. That is a half point higher than the central bank forecast in September and the ...
WASHINGTON, April 3 (Reuters) - U.S. Federal Reserve officials who have ... On average, imports may now carry a tax as high as 27%, Citi economists estimated, with higher levies on some types ...
Now investors are ... The chart above from Citi's Global Quantitative Macro Team shows that the S&P 500 has tended to sell off during the days following the first Fed rate cut.
Wonder why President Donald Trump is attacking Federal Reserve Chairman Jerome Powell ... Among the most pessimistic is Citi, which, on Monday, predicted the economy would show clear signs of ...