🚨 🚨 Citigroup’s Andrew Hollenhorst and Veronica Clark say that the rush-to-judgment [no rate cuts] is misguided because the Fed remains concerned that the surprisingly strong run of economic growth could stall. As a result, the two are sticking by their forecast for five-quarter point cuts this year, saying policymakers are eager to seize on any signs of disinflation or economic weakness
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