TeleTrade - Analytics


    750.00 6.50/10
    80% of positive reviews

    26.02.2016 09:34 Citigroup: the risk of global recession increased

    Analysts at Citigroup said on Wednesday that the risk of global recession increased.


    "In our view, global growth is at a highly precarious point, after 2-3 years of relative calm," Citigroup said.


    "The most recent deterioration in the global outlook is due to a moderate worsening in the prospects for the advanced economies, a large increase in the uncertainty about the advanced economies outlook (notably for the U.S.) and a tightening in financial conditions everywhere," the bank noted.


    Citigroup pointed out that the slowdown in the U.S. economy would have a negative impact on the global economic outlook.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree