Citi pushes Fed rate-cut forecast to June 2027 from October 2026
Citigroup pushed its forecast for the Federal Reserve’s next interest-rate cut to June 2027 from October 2026, citing stronger-than-expected August payroll growth and a labor market that remains broadly stable.
Citigroup on Friday pushed its forecast for the Federal Reserve's next interest-rate cut to June 2027 from October 2026, citing stronger-than-expected August payroll growth and a labor market that remains broadly stable.The brokerage had previously forecast 25-basis-point rate cuts in October and D…