Citigroup Postpones Fed Rate-Cut Timeline by One Month After June 18 Decision

According to BlockBeats, on June 18, Citigroup adjusted its U.S. Federal Reserve rate-cut forecast, pushing the expected start of cuts to October 2026 from the previously projected September. The bank now predicts rate cuts in October and December 2026, with an additional cut in January 2027. This revision follows the Fed's decision to hold rates steady while maintaining its policy review under new Chair Kevin Warsh, with trading data from LSEG indicating traders have already priced in the possibility of a 25 basis point rate increase before October.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments