Ziney | The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

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The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

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2024-07-07 18:00

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

Citi sees the Fed slashing rates from 5.25%-5.5% now to 3.25%-3.5% by July 2025.

https://fortune.com/2024/07/07/fed-rate-cuts-outlook-200-points-economy-sharper-slowdown-citi/

#Fortune

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