IMF says risks to financial stability have increased and to remain vigilant International Monetary Fund chief Kristalina Georgieva said on Sunday that, ‘risks to financial stability have increased and called for continued vigilance although actions by advanced economies have calmed market stress’. Challenge The IMF managing director is reported toRead More →
The IMF forecast cast more doubt on the speed of global economic recovery as Covid-19 cases surge in the U.S. and in the America’s. Doubts over U.S. re-opening resurface and investors start to fret again as stocks lose momentum. Outlook downgraded The International Monetary Fund downgraded its outlook for theRead More →
Doom and gloom? The Organisation for Economic Co-operation and Development, (OECD), has warned that the effects of the pandemic will be far reaching and will likely hit the UK harder than other comparable major economies. As the OECD reports of a very slow and difficult recovery for the UK, weRead More →
The International Monetary Fund – (IMF) – lowered its forecast for global economic growth for 2020 to 3.3% and 3.4% in 2021. Slightly lower forecast Although these are slightly lower than previous IMF forecasts they do represent a modest acceleration in growth compared with 2019. Weaker growth 2019 saw theRead More →