IMFs Economic Outlook Is More Bad News, Especially For US, China, Europe


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IMFs latest economic outlook is more bad news The International Monetary Fund has bad news for the big 3 - the United States, China and the Euro area – and the global economy. "The world may soon be teetering on the edge of a global recession, only two years after the last one," writes IMF chief economist Pierre-Olivier Gourinchas in his latest blog ", Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook". Slowing growth and the rising spectre of inflation spell a gloomy global economic outlook. At the same time, the aftershocks of the ongoing Covid-19 pandemic and...