IMF says global economic outlook getting 'gloomier', risks abound

IMF Says Global Economic Outlook Getting 'Gloomier', Risks Abound

WASHINGTON—The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months. It blamed the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, and ongoing supply disruptions and food insecurity caused by Ukraine’s conflict. The global lend…

IMF sees "gloomier" global economic outlook

In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely need

IMF says global economic outlook getting 'gloomier': Report

A worsening energy crisis in Europe would severely harm growth and raise inflation, while prolonged high inflation could prompt larger-than-anticipated policy interest hikes and further tightening of global financial conditions.

Global economic outlook getting `gloomier`, says IMF

The International Monetary Fund said on Sunday that the global economic outlook is even gloomier than projected last month. It cited a steady worsening in purchasing manager surveys in recent months

Global Economic Outlook Getting 'Gloomier', Says IMF Ahead Of G20 Meeting

The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday.

IMF says global economic outlook getting 'gloomier', risks abound

IMF said recent purchasing manager indices that gauge manufacturing and services activity signaled weakness in most Group of 20 major economies, with economic activity set to contract while inflation remained stubbornly high.