[Citi: Fed Expected to Hold Rates Steady in October and December, Resume Rate Cuts in June 2027] It is expected that the Federal Reserve will keep interest rates unchanged in October while waiting for more data to assess the impact of the 25 basis point rate hike. Subsequently, it is anticipated to remain on hold again in December, by which time a series of more moderate inflation data should provide sufficient evidence that inflation is slowing, supporting the Fed's decision to maintain rates. As inflation continues to cool, Citi predicts the Federal Reserve will resume rate cuts in June 2027. (Cailian Press)