News list for " Thrice"

Citi traders are betting that the Federal Reserve will make three 50 basis point rate cuts this year, a bet that has beaten the market and the bank's economists' expectations. Citi's short-term rates trading arm said the Fed will aggressively ease policy if it sees weakness in the labour market. Currently, swap transactions suggest a 50 basis point cut this month is about a one-in-three chance. Akshay Singal, global head of short-term rates trading at Citi, said: "...

2024-09-06 10:01:36