Citigroup Predicts ‘Delayed’ Recession in Q4 2023
Inflation in the U.S. has been cooling down. In March 2023, the number dropped down for the ninth time in a row to 5%. Owing to the recovery noted, Citigroup has pushed back its recession forecast. It now expects the U.S. economy to step into recession only in the fourth quarter of 2023. Notably,…
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