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Economists Adjust Fed Rate Cut Predictions After Robust Job Data

share-iconSaturday, January 11 comment-icon1 week ago 7 views
News sources:
bloombergBLOOMBERG
Economists Adjust Fed Rate Cut Predictions After Robust Job Data

Credited from: BLOOMBERG

  • **Economists** from major financial institutions have revised their projections for **Federal Reserve interest rate cuts**.
  • The revisions came after **stronger-than-expected employment data** for December was released.
  • **Bank of America**, **Citigroup**, and **Goldman Sachs** are among the firms that changed their forecasts.
  • This shift indicates a potential **change in monetary policy** expectations among these economists.
  • For more details, visit the original article at Bloomberg.

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