ICYMI - Citi CEO says Fed could slow interest rate hikes by early summer

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ICYMI - Citi CEO says Fed could slow interest rate hikes by early summer

<p> Citigroup Chief Executive Officer Jane Fraser spoke in an interview with CNBC.</p><p>Reuters picked up the news on Tuesday, US time. In brief:</p><ul><li>Fraser said the U.S. Federal Reserve could slow rate hikes in late spring or early summer</li></ul><p>A week ago Fraser was reported as saying that Citigroup is forecasting a mild US recession in tH2 of 2023.</p><p>-</p><p>Speaking of a Fed pause, this from MS also on Tuesday US time:</p><ul><li><a href="https://www.forexlive.com/centralbank/morgan-stanley-on-fed-pause-a-lot-of-money-sitting-around-waiting-to-be-put-to-work-20230117/" target="_blank" rel="follow" data-article-link="true">Morgan Stanley on Fed pause: "a lot of money sitting around waiting to be put to work"</a></li></ul><p>-</p><p>The next Federal Open Market Committee (FOMC) meeting is less than two weeks away:</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: ICYMI - Citi CEO says Fed could slow interest rate hikes by early summer

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