3.2% in 2022 and 2.7% in 2023

IMF World Economic Outlook Projects 25% Probability Global Growth Could Fall Below 2%

Date:

Pexels

Author: Funds Society, Miami

  1. The risk of monetary, fiscal, or financial policy miscalibration has risen sharply at a time when the world economy remains historically fragile and financial markets are showing signs of stress
  2. “The global economy is weakening further and facing a historically fragile environment. The outlook continues to be shaped by three forces. Persistent and broadening inflation, causing a cost-of-living crisis, the Russian invasion of Ukraine and the associated energy crisis, and the economic slowdown in China,” said Pierre-Olivier Gourinchas, the IMF’s Chief Economist