Citi Continues To Lower Global Growth Estimates - 4th Downgrade To Year-Ahead Growth, Growth Globally Cut To 2.6% From 2.7%, 2016 Cut To 2.9% From 3.1%
September 24, 2015 at 04:10 AM EDT
Citi notes the US is expanding but may be damped by pending EM-driven global recession. Does not expect any rate action until Spring 2016