Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated on Tuesday that additional progress is required before […]
Source: https://news.bitcoin.com/citi-analysts-predict-8-weeks-of-fed-rate-cuts-starting-in-september-powell-seeks-evidence/