- 52 of 102 see Fed waiting until at least July to cut
- 50 of 102 see the Fed cutting earlier
- 72 of 100 see the Fed cutting by 100 bps or less
- All but 5 said the Fed hiking cycle was over
Citi's US economist said stronger core inflation will disrupt the Fed-cutting narrative and delay cuts.
Yesterday, Deutsche Bank was out with a note calling for 175 bps in Fed cuts next year.
