Dec 9 (Reuters) - Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has now aligned with its peers in expecting a quarter ...
and another cut might be on the table at its next meeting on Dec. 17 and 18. There's also a consensus on Wall Street that the Fed will cut rates at least twice in 2025. Here's what it could mean ...