{
  "id": 5771982,
  "title": "Citi pushes Fed rate-cut forecast to June 2027 after resilient jobs market",
  "url": "https://urgent.news/2026/09/05/citi-pushes-fed-rate-cut-forecast-to-june-2027-after-resilient-jobs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-05T11:38:22.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/citi-pushes-fed-ratecut-forecast-to-june-2027-after-resilient-jobs-market-4890197"
  },
  "original_language": "en",
  "account": "Citi's economists have revised their forecast, now anticipating Federal Reserve interest rate cuts in June, September and December 2027. This shift comes after robust August jobs data revealed a stronger labor market than initially expected. The unemployment rate remained steady at 4.1% and labor-force participation rose, indicating stability in the job market. Citi had previously anticipated a significant increase in unemployment, similar to previous years, but that scenario has not materialized in 2026. The bank now believes cooler trends in inflation, wages and core consumer prices will eventually allow the Federal Reserve to ease monetary policy. Citi expects core CPI to rise 0.18% month-over-month, supporting the Fed's decision to hold steady at its upcoming September meeting. Additionally, a significant downward revision to core PCE inflation later this month could prompt a more dovish stance from the Fed. Market sentiment has responded positively, with fed funds futures indicating a 61% probability of a 25-basis-point hike at the September meeting, up from 52% prior to the jobs report. Investors are closely monitoring upcoming inflation data for signs of continued disinflation or persistent price pressures that could delay further rate cuts.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}