Odaily planet news According to the team of Citi economists led by Andrew Hollenhorst, a loose labor market will ease inflationary pressures in the service sector, while weak global conditions will restrain commodity prices. This will lead the Fed to take aggressive action, with expectations of a 25 basis point cut at every meeting before July next year, bringing the federal funds rate to between 3% and 3.25%. This is well below market expectations, which expect the federal funds rate to be around 4% at that time. (Odaily)
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Citigroup: Fed'in gelecek yıl Temmuz ayına kadar her toplantıda faizleri 25 baz puan düşürmesini bekliyor.
Odaily planet news According to the team of Citi economists led by Andrew Hollenhorst, a loose labor market will ease inflationary pressures in the service sector, while weak global conditions will restrain commodity prices. This will lead the Fed to take aggressive action, with expectations of a 25 basis point cut at every meeting before July next year, bringing the federal funds rate to between 3% and 3.25%. This is well below market expectations, which expect the federal funds rate to be around 4% at that time. (Odaily)