Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

Share This Post

Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks EvidenceAnalysts 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 […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

New Data Suggests Toncoin (TON) Might Be Undervalued—Here’s What It Means

Toncoin (TON), which once saw significant hype leading to consistent new highs, has struggled to regain upward momentum After a series of steady declines in the past week, the asset’s price has now

XRP’s Next Big Move? Levels to Watch for 30% Rally

The post XRP’s Next Big Move Levels to Watch for 30% Rally appeared first on Coinpedia Fintech News In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be

Tigran Gambaryan claims Nigerian officials targeted Binance to distract from economic scandals

Tigran Gambaryan, Binance’s former Head of Financial Crime Compliance, has openly criticized the Nigerian authorities for deliberately scapegoating the exchange for the country’s economic

Without More Bitcoin Transfers, Miner Revenue and Network Security Could Crumble

Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain’s long-term security Bitcoin’s Transaction

SEC’s Peirce Advocates For Case-By-Case Review Of Crypto Enforcement Actions To Foster Clarity

US Securities and Exchange Commissioner (SEC) Hester Peirce has recently emphasized the need for a shift in the regulatory approach towards crypto, signaling a departure from the aggressive

Franklin Templeton Launches OnChain US Government Money Fund on Solana

The post Franklin Templeton Launches OnChain US Government Money Fund on Solana appeared first on Coinpedia Fintech News In an X post, Franklin Templeton announced that its Franklin OnChain US