Cool US May CPI rise supports Fed pause argument

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Go back to Cool US May CPI rise supports Fed pause argument

Citi believes US and European profit growth forecasts 'look optimistic'

June 13, 2023 1:06 PM EDT

Citi analyst Chris Montagu told investors in a note Tuesday that his firm believes 2024 profit growth forecasts in the US and Europe are optimistic.

"Analysts' profit growth forecasts for 2023 in the US and Europe appear realistic and in line with Citi top-down expectations," said Montagu. "2024 forecasts, on the... More