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.
-
Speaking of a Fed pause, this from MS also on Tuesday US time:
-
The next Federal Open Market Committee (FOMC) meeting is less than two weeks away:
