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ICYMI - Citi CEO says Fed could slow interest rate hikes by early summer

ICYMI - Citi CEO says Fed could slow interest rate hikes by early summer

Citigroup Chief Executive Officer Jane Fraser spoke in an interview with CNBC.

Reuters picked up the news on Tuesday, US time. In brief:

  • Fraser said the U.S. Federal Reserve could slow rate hikes in late spring or early summer

A week ago Fraser was reported as saying that Citigroup is forecasting a mild US recession in tH2 of 2023.

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Speaking of a Fed pause, this from MS also on Tuesday US time:

Posted: Jan 17 2023, 22:33
Author Name: forexlive
Views: 102163

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