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Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data

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Core Development: Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data
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Market & Financial Impact: Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected September inflation. The brokerage forecasts rates to remain unchanged thereafter, with rate cuts unlikely before June 2027.
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

Hotter US inflation prompts Citigroup to revise its rate outlook, with a December hike now expected.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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