Loading…
bibibi.ccbibibi.ccLoading…
Connect scattered updates into a story you can understand.
As cited by Cailian Press, Citi expects the Federal Reserve to keep interest rates unchanged in October and December, and to resume rate cuts in 2027 year June after inflation continues to cool.
The OECD expects the Federal Reserve and the European Central Bank to each raise rates once more this year, followed by stable interest rates in 2027; the Bank of Japan may continue raising rates, while the Bank of England may cut rates next.
Fed official Goolsbee said that if there is compelling evidence that inflation is falling back to 2%, he has no objection to cutting interest rates.
Federal Reserve's Goolsbee said that if there is clear evidence that inflation is falling toward 2%, he would not oppose cutting interest rates, but evidence of receding inflation is still needed at present.
