A rate cut in June is still on tap because the job market is weakening, Citi economist says

Reuters/Carlos Barria

• It's still likely the Fed will issue its first rate cut this June, Citi economist Veronica Clark said.
• That's because central bankers will need to support a weakening labor market, Clark told Yahoo Finance.
• The job market has shown signs of weakening in some sectors, like manufacturing.

The Federal Reserve is still...