Citi Warns To Hedge In Case Of Shallow Cuts

🇺🇸 🇺🇸 Strategists at Citigroup Inc. say there should be even more hedging for the risk of the Fed engaging in only a very brief easing cycle, followed by rate increases shortly thereafter. The bank, whose economists expect the Fed’s first rate cut in June, sees some potential for the next few years to mirror what happened in the late 1990s

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