Citi pushes Fed rate-cut forecast to mid-2027 amid strong jobs
Citigroup delayed its forecast for the Federal Reserve’s next rate cut to mid-2027, citing strong U.S. employment that signals labor-market strength and reduces the case for near-term easing.
Citigroup pushed back its forecast for the Federal Reserve’s next interest-rate cut to mid-2027, citing strong U.S. employment figures that signal continued strength in the labor market and diminish the rationale for near-term monetary easing.The brokerage previously anticipated quarter-point reduc…