That's a bold call with markets only pricing in ~46 bps of rate cuts by year-end with no rate cuts expected through the summer at least at this stage. Their latest view above is predicated on the outlook following the US jobs report on Friday. Subsequently, Citigroup expects the Fed to cut further in January and March 2026 - 25 bps each as well.
At the same time, the firm has also raised their S&P 500 year-end price target to 6,300 (from 5,800 previously).
Read More Details
Finally We wish PressBee provided you with enough information of ( Fed to deliver 75 bps of rate cuts for this year - Citigroup )
Also on site :
- A Gaza-bound aid boat carrying Greta Thunberg and other activists has been diverted to Israel
- 'Hamilton’ Original Cast Reunites at 2025 Tony Awards & Fans Are Saying the Same Thing
- Tears and Shock: First Islander Sent Home on ‘Love Island USA’ Season 7