ICYMI: Citi also forecasts Fed interest rates higher for longer, see Sept cut (from July) ...Middle East

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ICYMI: Citi also forecasts Fed interest rates higher for longer, see Sept cut (from July)

Citigroup moved its US rate cut forecast to September from July

expects three cuts this year instead of fourexpects 75bp of rate cuts this year instead of 100expect a 25bp rate cut in each of September, October and Decemberforecasts two rate cuts of 25 bps each in January and March of 2026

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    Maybe its just me, but 75bp of Federal Reserve rate cuts in the next 5.5 months seems unlikely.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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