Citi: Fed to hold rates in October and December, cuts from June 2027
- —Citi: the Fed will pause in October after a 25 bps hike
- —In December the rate will also remain unchanged
- —Rate cuts are expected from June 2027
- —Weak hiring growth is explained by falling labor force participation
Why it matters: The forecast sets the rate trajectory for the year ahead and influences expectations for liquidity and risk assets, including crypto.
Source: PANews