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BitcoinSistemi 2024-08-31 09:02:06

Citi Makes Surprise Statement on Fed's Interest Rate Policy: They Expect Aggressive Cuts

Citi's Senior Global Economist Robert Sockin suggested that the Fed could make a significant rate cut of up to 125 basis points by the end of 2024. Speaking on the Morning Brief, Sockin discussed the current state of the U.S. economy, saying that the second quarter saw faster-than-expected growth, with GDP revisions showing a 3% Continue Reading: Citi Makes Surprise Statement on Fed's Interest Rate Policy: They Expect Aggressive Cuts

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