IMF cuts global growth forecasts

Discussion in 'Market News' started by Lily, Jan 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Latest World Economic Outlook report cuts growth by 0.2% in 2016 and 2017 and calls on states to step up public investment or risk derailing recovery

    The International Monetary Fund has added to concerns about the health of the global economy by cutting its growth forecasts for the next two years and warning that recovery from the financial crisis could be derailed altogether if key challenges are mishandled.

    The Washington-based body said world output would be 0.2 points lower in 2016 and 2017 compared with forecasts made just three months ago – and that the risks to its predictions were to the downside.

    Related: Global economic turmoil to dominate Davos discussions

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