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Citi CEO says Federal Reserve to hike to just under 5.5% by May, recession likely in H2 23
Citigroup CEO Jane Fraser in a written interview with Japan's Nikkei media (may be gated). It was conducted in December but the Nikkei only just published it over the weekend.
Main points:
- "overall U.S. inflation has peaked, services inflation continues to be painfully persistent."
- "We see the Fed increasing its terminal rate to... Read More
Posted: Jan 8 2023, 21:58
Author Name: forexlive
Views: 102524