Citigroup Predicts June Rate Cut by Federal Reserve

According to Odaily, Citigroup has revised its forecast for the next Federal Reserve rate cut, now expecting it to occur in June instead of May. The bank maintains its prediction of a total reduction of 125 basis points in 2025. Additionally, Federal Reserve official Goolsbee emphasized the importance of considering the overall economic situation throughout the year, noting that tariff policy is just one of many factors influencing decisions.