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jshouted.base.eth
@js5100
Citi forecasts the start of the Fed's key rate reduction cycle in September. 📉🏦 Starting in September and over the next seven consecutive meetings until July 2025, the Fed will lower the key rate eight times by 25 points each – a total of 2%. The regulator will then maintain the key rate at 3.25% until the end of the following year. Experts noted that the Fed will decide to change its policy because the economy is "heading towards a sharp downturn." 📊📉 Analysts also pointed to a rise in unemployment to 4.1% and a cooling of business activity in the services sector. 📈👷♂️
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