IMF expects 'notable markdowns' in growth forecasts, but no global recession

IMF lists trade tension impacts, advises countries on actions

The International Monetary Fund, IMF, has highlighted the impact of trade tensions on the global economy, urging countries to take urgent steps to bolster their resilience against the expected shocks. In a speech titled “Toward a Better Balanced and More Resilient World Economy,” IMF Managing Director Kristalina Georgieva hinted that the World Economic Outlook, to be released next week, will include notable markdowns, though not a recession. Geo…

Will the Global Economy Stall? | by Eswar Prasad & Caroline Smiltneks - Project Syndicate

Although it is premature to claim that a worldwide recession is around the corner, the breakdown of global trade and elevated policy uncertainty will undoubtedly suppress growth in the months ahead. Each country will need to prepare for the worst by conserving whatever economic-policy space it has.

The increase in volatility in financial markets and the “uncommon” uncertainty surrounding trade policy will cause inflation in some countries and global growth to be lower than expected. However, no recession in the global economy is foreseen for now, said managing director of the International Monetary Fund (IMF), Kristalina Georgieva.

IMF chief sees downward revisions in global growth but no recession

'New growth projections will include notable markdowns, but not recession' says Kristalina Georgieva - Anadolu Ajansı

The trade war is rocking economies. Get your ‘houses in order,’ IMF urges - National

The International Monetary Fund is forecasting slower global growth and urges countries to get their 'houses in order,' though it notes a global recession is unlikely.

IMF chief does not expect global recession despite tariffs

Kristalina Georgieva warns rising trade barriers will lead to higher inflation for some countries