Reported about 4 hours ago
Citigroup's interest-rate strategists argue the Federal Reserve should pause interest-rate cuts, contrary to the bank's economists who advocate a half-point cut in December. Strategists Jabaz Mathai and Alejandra Vazquez believe that unless weak payroll data emerges, a pause is warranted, suggesting investors prepare for such an outcome. Meanwhile, the economists recognize dwindling chances for significant cuts, with expectations of job creation falling short of median forecasts. Overall, bond investors are adjusting their expectations for Fed easing amid robust economic performance.
Source: YAHOO