Citigroup Forecasts June Rate Cut by Federal Reserve

Citigroup has adjusted its prediction for a potential Federal Reserve rate cut, now anticipating it to occur in June instead of May. The bank maintains its overall forecast of a 125 basis point reduction in interest rates by the end of 2025. Notably, Fed official Goolsbee highlighted the need to carefully consider the broader economic landscape throughout the year, emphasizing that tariff policies are just one factor among many influencing decision-making.