According to a report by Golden Finance, Citigroup's CFO stated that the US economy is expected to experience a soft landing, with a predicted decrease in interest rates. Mergers and acquisitions are showing a good rebound, while default rates are rising, but are starting to reach their peak.
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Citi CFO: Expecting the US economy to have a soft landing, Interest Rate will decrease
According to a report by Golden Finance, Citigroup's CFO stated that the US economy is expected to experience a soft landing, with a predicted decrease in interest rates. Mergers and acquisitions are showing a good rebound, while default rates are rising, but are starting to reach their peak.