IMF cuts global growth forecast

Weak emerging markets are leading a slowdown in the global economy, though the fund sees some signs of progress and optimism.

IMF cuts global growth forecast

So much for the recovery. The IMF has downgraded its most recent forecast of global growth from April due to appreciably weaker domestic demand and slower growth in several key emerging market economies.

China’s credit crunch, the Fed’s tapering talk and continued gloom in the eurozone also seem to have influenced the fund’s outlook, as it warned yesterday of new risks to global growth prospects in the form of a longer slowdown in emerging...

To continue reading, please login or register for free

Click for more on: imf | global economy | growth

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...