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      Citi: Expects Fed to Hold Rates Steady in October and December, Resume Cuts in June 2027

      PANews, September 24 - According to CLS, Citi expects the Federal Reserve to hold interest rates steady in October and wait for more data to assess the impact of a 25 basis point hike in the policy rate, then stay on hold again in December, when a string of milder inflation data should provide enough evidence that inflation is slowing, supporting the Fed in holding rates steady once more. As inflation continues to cool, Citi expects the Fed to resume rate cuts in June 2027.


      Source: PANews
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