Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data

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• Economic TimesLean R·2h ago

  Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data

  Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected September inflation. The brokerage forecasts rates to remain unchanged thereafter, with rate cuts unlikely before June 2027.

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