Citi turns hawkish on Fed after inflation surprise, expects December rate hike
4 Articles
4 Articles
The Citi revised its projection for the monetary policy of the United States and began to forecast a 0.25 percentage point high in interest rates by the Federal Reserve (Fed) in December, after the September consumer inflation data (CPI) exceeded expectations. Before, the American bank projected rate stability until the end of the year. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Citigroup revised its Federal Reserve interest rate forecast to a 25 basis point increase in December, following the release of stronger-than-expected September inflation figures in the US.
It revises its estimates after stronger-than-expected inflation data in the US.
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