Citi predicts 195K payroll additions, foresees Fed cuts in 2025
Citi analysts projected an addition of 195,000 jobs to U.S. payrolls, maintaining the unemployment rate at 4.1%. The forecast comes amid recent employment data that has shown resilience, with notable ...
Citi expects US job growth to slow, unemployment stable
Citi analysts shared insights on the recent employment data, which has exhibited surprising strength, particularly in ...
Citi beats profit on trading strength, but cuts return targets after 'critical' year
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has ...
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US Fed meeting a non-event: Citi's Drew Pettit on what’s next for global markets
US Equity Strategy and ETF Analysis and Strategy Research at Citi said that they maintains a neutral stance on India's place ...
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
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Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
In 2020, the Office of the Comptroller of the Currency and the Federal Reserve fined Citi $400 million for some risk and data failures. Last year in July, regulators fined Citi $136 million for ...