Global growth to slow to below 2% in 2023 – Citibank
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
In its latest yearly outlook report, economists at Citi Group said that they expect global growth to slow to below 2% in 2023.
“Gas shock likely to push Euro area, UK into recession before the end of 2022.”
“For 2023, Citi sees US GDP growth of 0.7% and China GDP growth of 5.6%.”
“For 2023 Citi sees GDP contracting 0.4% in the Euro area and 1.5% in the UK.”
“Citi sees 2023 US headline inflation at 4.8%; sees the Fed terminal rate between 5.25-5.5%”
[/s2If]
Join Our Telegram Group
