Anticipating Significant Rate Reduction by the Fed Amid Economic Downturn
Sunday, 7 July 2024, 17:20
Anticipating Significant Rate Reduction
Citi forecasts a major decrease in Federal Reserve rates amidst economic challenges.
Projected Reduction by July 2025
The rates are expected to drop from 5.25%-5.5% to 3.25%-3.5% as part of the easing measures.
Potential Economic Impacts
- Investor Concerns: Markets and sectors could face volatility.
- Strategic Planning: Stressing the importance of financial preparedness.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.