Citigroup forecasts 50 basis point cuts in September and November

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Citigroup forecasts 50 basis point cuts in September and November

Economist at Citigroup are now forecasting a 50 basis point cut from the Fed in September and another one in November.

That's a big call and it's likely adding to the downward pressure on Treasury yields and in stock markets.

                This article was written by Adam Button at www.forexlive.com.

Source: Citigroup forecasts 50 basis point cuts in September and November

forexlive.com