The updated forecast was disclosed on October 14. The bank had previously maintained that no further adjustments to the federal funds rate would occur throughout the 2026 calendar year.
Tuesday, October 20, 2026
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Citigroup Forecasts 25 bp Fed Rate Hike in December 2026
US Markets7 days ago
The outlook for US monetary policy has shifted at a major Wall Street lender. Citigroup now anticipates the Federal Reserve will deliver a 25 bp interest rate hike in December 2026, reversing its previous projection that rates would remain unchanged for the remainder of the year.
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