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Citigroup now sees 100 basis points of cuts this year from July

Citigroup now sees 100 basis points of cuts this year from July. That is much more than the 45 or so basis points forecast by the market. The Fed’s last dot plot had 3 cuts, but subsequently, Fed officials came more in the 1 to 2 cut range.

This article was written by Greg Michalowski at www.forexlive.com.

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