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 ...

“It is very hard for the Fed right now because of this disconnect between hard data and soft data,” Fraser said in a Bloomberg TV interview Monday at the Milken Institute Global Conference in ...

Citigroup Inc.’s traders are betting on three half-point interest-rate cuts from the Federal Reserve this year, a wager that outpaces both the market and the view of the bank’s economists.

Citi Research analysts have been making a prediction about rate cuts that seems to run counter to any other estimates, including those of the Federal Reserve. At the beginning of July, Fed Chair ...

The Federal Reserve Board of Governors has terminated another enforcement action against Citigroup. Less than a year after ending a regulatory order related to Citi's foreign exchange trading desk, ...

Photo: Annabelle Gordon/Reuters Take the Federal Reserve’s projections from September and throw them into the trash. The path forward for rates is now highly uncertain. The Fed cut rates by a ...

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 ...