Sub Banner Image

Bank of America, Citi Lose Faith in Fed Rate Cuts on Jobs Data

Markets

Ye Xie

·

January 10, 2025

·

Bloomberg

Economists at Bank of America Corp. and Citigroup Inc. revised their forecasts for additional Federal Reserve interest-rate cuts in response to stronger-than-expected December US employment data released Friday.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.