Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

Analysts from Citi, the American multinational concern slope and fiscal services corporation, foretell the U.S. Federal Reserve volition statesman reducing rates by September, totaling a 200 ground points (bps) chopped implicit the adjacent 8 Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated connected Tuesday that further advancement is required earlier […]