Citi Predicts Federal Reserve to Cut Rates by 200 Basis Points Over Eight Meetings as Economy Signals Downtrend
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#df25ce9f ver:0.41

Citi predicts the Federal Reserve will cut rates by 200 basis points over eight meetings due to a slowing economy, while Goldman Sachs CEO David Solomon believes there will be no cuts this year. Wall Street economists forecast two rate cuts this year and more in 2025, and Wharton professor Jeremy Siegel suggests rate cuts in September. The Fed is considering rate cuts but will rely on data, and Federal Reserve Bank of Chicago President Austan Goolsbee says rates should be cut if inflation falls. The market predicts a 77% chance of a September rate cut. #FederalReserve #RateCuts #Economy...

#newstr #FederalReserve #InterestRates #Economy #RateCuts #CitiResearch #JeremySiegel #JeromePowell #BureauOfLaborStatistics #ClaudiaSahm #CommodityMarkets 

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