StockNow
Log in
Global Economy

Citigroup (C) CEO says conflict in middle east has weighed a bit on global growth, whilst giving inflation a second wind

StockNow breaking-news AI analysis

Citigroup CEO Jane Fraser sees the Middle East conflict weighing on global growth while boosting inflation, despite a stable US economy and high confidence in reaching Citi's 2026 return targets.

News detail

US growth is roughly where it was a year ago, and the labor market remains stable. Feel "very good" about achieving Citi's 2026 return target.

1 stocks

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)