Fed to Deliver ‘Less Data Dependent’ Rate Cut, Says Citi’s Hollenhorst

Andrew Hollenhorst, chief US economist at Citi, expects an interest rate cut from the Federal Reserve, despite seeing the central bank in a “wait and see mode now” due to...

By Bloomberg Markets · Bloomberg Markets

Andrew Hollenhorst, chief US economist at Citi, expects an interest rate cut from the Federal Reserve, despite seeing the central bank in a “wait and see mode now” due to a lack of US economic data. (Source: Bloomberg)