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ICYMI: Citigroup raised its 2023 global economic growth forecast, cut its 2024 forecast

ICYMI: Citigroup raised its 2023 global economic growth forecast, cut its 2024 forecast
Reuters carried the new forecasts from Citi. In Summary:Citigroup raised its 2023 global economic growth forecast to 2.4%, from 2.2 previouslyciting "solid" performance in the United States, euro area and Chinasaid it expects a U.S. recession in Q4 2023 (was previously forecast Q3) "Our outlook envisions that the acute financial stresses, which last month triggered pressures on both sides of the Atlantic, will continue to recede" Citi cut its global economic growth forecast for 2024 to 2.1%, fr... Read More
Posted: Apr 19 2023, 20:48
Author Name: forexlive
Views: 101970

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