Business

Citigroup delays Fed rate-cut forecast to 2027 after strong U.S. jobs report

22770177
Citigroup ‌on Friday pushed back its forecast for the Federal Reserve's next interest-rate cut to June 2027 after a stronger-than-expected U.S. ​jobs report reinforced views that the labor market ​remains resilient and reduced the need for near-term ⁠monetary easing.

SEE MORE

More