(Reuters) – Citigroup raised its 2023 global economic growth forecast to 2.4%, from 2.2% expected earlier, and now expects the U.S. economy to tip into recession in the fourth quarter of the year.
They had earlier expected a U.S. recession in the third quarter of 2023.
(Reporting by Susan Mathew in Bengaluru; Editing by Savio D’Souza)