SUMMARY
The latest episode of Living Beyond Borders looks at how the spike in inflation is knocking consumer confidence even as the global economy displays a fair degree of resilience.
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Please be advised that verbal and written communication from Citi may be in English as we may not be able to provide servicing related communications in all languages. These communications may include, but are not limited to, account agreements, statements and disclosures, change in terms or fees; or any servicing of your account. If you need assistance in a language other than English, please contact us as we have language services that may be of assistance to you.
Por favor, tenga en cuenta que las comunicaciones verbales y escritas de Citi podrían redactarse únicamente en inglés, ya que, tal vez, no podamos proporcionar comunicaciones relacionadas con los servicios en todos los idiomas. Estas comunicaciones podrían incluir, entre otras, contratos, divulgaciones y estados de cuenta, cambios en los términos o en los cargos, así como cualquier documento de mantenimiento de su cuenta. Si necesita ayuda en un idioma distinto al inglés, por favor, comuníquese con nosotros, ya que tenemos servicios de idiomas que podrían serle útiles.
Informamos que as comunicações verbais e por escrito do Citi podem estar em inglês, pois talvez não possamos fornecer comunicações relacionadas a serviços em todos os idiomas. Essas comunicações podem incluir, mas não estão limitadas a, acordos de contas, declarações e divulgações, mudanças nos termos ou taxas; ou qualquer serviço de sua conta. Se você precisar de ajuda em um idioma diferente do inglês, entre em contato conosco, pois temos serviços de idiomas que podem ser úteis para você.
请注意,花旗集团可能使用英文进行口头和书面通信,因为我们可能无法以所有语言提供与服务相关的通信。这些通信可能包括但不限于账户协议、账单与披露声明、条款或费用变更,或为您账户提供的任何服务。如果您需要英文以外的其他语言的帮助,请与我们联系,因为我们提供可能对您有帮助的语言服务。
The latest episode of Living Beyond Borders looks at how the spike in inflation is knocking consumer confidence even as the global economy displays a fair degree of resilience.
Real estate prices remain high and unemployment is low – at least for the moment. But since the start of 2022, consumers have faced some of the highest levels of inflation that we have seen in the last 40 years. Two key factors are behind these record high rates.
The COVID-19 pandemic had consumers buy goods over services. As a result, the global economy began to see inflation associated with the lack of availability of these goods. When the Russia-Ukraine conflict hit global trade in February, its shock lengthened those supply chains and distorted the economy further. With that, inflation really took off and it continues to weigh on consumer confidence as well as their lack of confidence in the equity markets. All the signs point to people feeling far more negative about the future than what the economic data currently points to, and there's a definite dissonance between the two.
The latest episode of Living Beyond Borders, a special podcast series from GZERO brought to you by Citi Private Bank, looks at the inflation outlook versus consumer sentiment, and what we can expect in the year ahead. Moderated by Shari Friedman, Managing Director of Climate and Sustainability at Eurasia Group, this episode features David Bailin, Chief Investment Officer and Head of Citi Global Wealth Investments and Rob Kahn, Director of Global Macroeconomics at Eurasia Group.
This podcast series, produced in partnership with GZERO Media, examines how our lives are impacted as the world changes. The podcasts are available on all popular platforms by searching “GZERO World” or via GZERO’s website.
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