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WBIL - Global Economy At A Delicate Moment Says The IMF
WBI BullBear Quality 1000
Next week, the 2019 Spring Meeting of the International Monetary Fund ((IMF)) and the World Bank will take place in Washington, in this 75th year since the birth of the two institutions. Christine Lagarde, the IMF's managing director, speaking on Tuesday at the US Chamber of Commerce, offered an appetizer about the macroeconomic projections to be released.
Last January, the IMF reduced its forecast of global economic growth to 3.5 percent in 2019 and 2020, lower rates as compared to the ones released in October. By referring to a "loss of momentum" in her