Citi’s Bitterly Says US Economy Slowing, Fed’s ‘Medicine’ Is Working
Kristen Bitterly, head of North America investments at Citi Global Wealth, says the US economy is slowing as the impact of the Federal Reserve’s policy-tightening shows un declining retail and housing sales. “We’re starting to see a lot of the economy slowing down — the Fed’s medicine is indeed working,” she says on “Bloomberg the Open.” (Source: Bloomberg)
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