Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth.
The 53 per cent increase in global equity returns in 2021 is expected to decelerate by 7-8 per cent between 2022-23, a virtual seminar “Citigold Annual Outlook 2022”, organised by Citibank Thailand on Thursday, said while revealing market and investment predictions for 2022.
Citibank reveals 2022 annual outlook and predicts a global real GDP growth of 3 8% while keeping a close watch on monetary policies and inflation thaipr.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thaipr.net Daily Mail and Mail on Sunday newspapers.