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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
Join Gate Ambassadors for more than just creating — embark on an exciting journey! 💡
As a Square Ambassador, you’ll enjoy:
🎁 Exclusive perks to showcase your unique value
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A community influencer
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📖 - Gate App Options Now Live! Test and Win Big
📅 Event Period: September 30, 2025 – October 17, 2025
- Submit valid feedback to receive 10–100 USDT.
- Complete at least 10,000 USDT in cumulative options trading volume to participate.
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Details: https://www.gate.com/zh-tw/announcements/article/47455
Citi: The Fed will start cutting interest rates in September and cut a total of 200 basis points.
Citigroup's Citi Research analysts predict that the Federal Reserve will start cutting interest rates heavily in the coming months and continue until next summer.
In a statement last Friday, the bank cited new signs of economic slowdown and believed that the Fed would cut interest rates by 25 basis points at each meeting starting from September, with a total of eight cuts until July 2025. This will drop the Benchmark Interest Rate by 200 basis points, i.e. from the current 5.25%-5.5% to 3.25%-3.5%, and will remain unchanged for the remainder of 2025.