Bottom line: the US Fed is about to raise interest rates for the first time since 2006 and Citi predicts a return to recession for the first time since 2009. The monetary policy decision does not match the outlook estimate. Both can't be right.

Markets believe an interest rate rise in US to be certain. The Fed signals it will go ahead on December 16, for the first time since 2006. The Federal Reserve Chair, Janet Yellen, is confirming market expectations in various public appearances, the lat...


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