Citi sees Fed lowering interest rates 50 bps in September - Reuters

According to Reuters, Citigroup in a recently published analysis said that they were now expecting the Fed to lower the interest rate 50 basis points in September and 25 bps in December, with a "material risk" of 25 bps cut in July.

"Citi sees "maybe a premature end" of balance sheet runoff in June amid subdued inflation, challenging global environment," Reuters reported.