Citigroup (C) expects Fed to deliver 25bps rate cuts in March, July, and September each vs prior forecast of cuts in January, March, and September this year

Citigroup (C) expects Fed to deliver 25bps rate cuts in March, July, and September each vs prior forecast of cuts in January, March, and September this year.

Citigroup's revised outlook for Fed rate cuts indicates a shift in expected timing, now predicting reductions to occur in March, July, and September instead of January. This change reflects expectations of a more protracted tightening cycle, which may influence both USD dynamics and fixed income markets, with implications for growth and inflation perceptions going forward.