News Formal

IMF: Market ‘disconnect’ could worsen virus downturn | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

WASHINGTON, June 25 — Recent gains in global financial markets despite the coronavirus downturn’s “huge” economic uncertainties are a potential threat to the recovery if investors abruptly change their minds, the IMF cautioned today. Markets have been cheered by the massive support provided...

An exterior view of the building of the International Monetary Fund , with the IMG logo, is seen on March 27, 2020 in Washington, DC. — AFP pic

But the paper warns of the dangers lurking in the future from the flood of “unconventional” policies that have left the global economy awash in easy money. The IMF now projects the global economy will contract by 4.9 per cent this year, according to the updated World Economic Outlook released yesterday, and warned that the crisis is not over.

European and US stock markets sank yesterday, with investors worried over rising coronavirus infections in several countries as well as renewed trade tensions between Brussels and Washington.The “unprecedented” and “unconventional” support from authorities providing liquidity, lending and low interest rates, “has undoubtedly cushioned the impact of the pandemic on the global economy and lessened the immediate danger faced by the global financial system,” the report said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Ringgit’s uptrend ends as market sentiment turns cautiousSigns of virus' second wave in Asian countries drives investors to safe-haven currencies. FMTNews Ringgit
출처: fmtoday - 🏆 5. / 72 더 많은 것을 읽으십시오 »

Wholesalers laud DBKL ban on illegals at market | The Malaysian InsightUndocumented foreigners have been squeezing out local, licensed traders for more than a decade in Selayang.
출처: msianinsight - 🏆 8. / 63 더 많은 것을 읽으십시오 »