U.S. Fed to raise rates near 5.5% by May, predicts Citigroup CEO
Fraser expects 2023 recession but considers financial system more stable
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: U.S. Fed to raise rates near 5.5% by May, predicts Citigroup CEO

### Response: Fraser expects 2023 recession but considers financial system more stable