Citigroup now expects the Federal Reserve to begin its rate-cutting cycle in June 2027, delaying its previous forecast of October 2026. The bank projects three 25-basis-point cuts in June, September, and December 2027.
BlockBeats said on September 4 that Citigroup has changed its call on when the Federal Reserve will cut interest rates. The bank now sees the Fed making three 25-basis-point cuts in June, September, and December 2027. That replaces its earlier view, which had cuts coming in October 2026, December 2026, and January 2027.
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