The IMF cut its forecast for global growth next year to 2.7%, from 2.9% seen in July and 3.8% in January, adding that it sees a 25% probability that growth will slow to less than 2%.
Excluding the unprecedented slowdown of 2020 because of the coronavirus pandemic, next year’s performance would be the weakest since 2009, in the wake of the global financial crisis. To be sure, the IMF sees greater risk from central banks doing too little rather than too much amid persistent price pressures, a mistake that would cost them credibility and only increase the eventual cost to bring prices under control.
The euro area economy will grow just 0.5% in 2023, according to the fund, with the bloc seeing the sharpest outlook reduction among global regions. Germany, Italy and Russia all will see their economies shrink.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
WEBINAR | Is your company really protected from cybersecurity attacks?SPONSORED | Register for the next Business Day Dialogue, which will discuss the importance of effective network security measures and how to ensure your staff don’t put your business at risk
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
La source: dailymaverick - 🏆 3. / 84 Lire la suite »