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Citigroup raises global growth forecast, sees U.S. recession in Q4

Citigroup raised its 2023 global economic growth forecast to 2.4%, from 2.2% expected earlier, and now expects the U.S. economy to tip into recession in the fourth quarter of the year.

  • Updated On Apr 20, 2023 at 09:04 AM IST
Read by: 100 Industry Professionals
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Citigroup raised its 2023 global economic growth forecast to 2.4%, from 2.2% expected earlier, and now expects the U.S. economy to tip into recession in the fourth quarter of the year.

They had earlier expected a U.S. recession in the third quarter of 2023.
  • Published On Apr 20, 2023 at 09:03 AM IST
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