‘The worst is yet to come’: IMF WARNS

‘The worst is yet to come’: IMF WARNS

The IMF has once again downgraded its forecast for the global economy.

It expects global growth to slump to 2.7% next year, with a 25% probability it could fall below 2%.

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Abhishek S Chauhan

It expects global growth to slump to 2.7% next year, with a 25% probability it could fall below 2%.

IMF WARNING

The IMF cuts its growth forecast for this year to 3.2%, from 3.2% projected in July.

IMF WARNING

Global inflation will remain high for longer than previously expected, the IMF says.

IMF WARNING

It warns that higher interest rates are creating instability in emerging markets.

IMF WARNING

Global economic turmoil may well erupt, prompting investors to seek safe-haven investments, such as US Treasuries, and raising the dollar.

IMF WARNING

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