IMF sees divergent risks in new outlook

maurice-obstfeld
Maurice Obstfeld

Advanced economies and emerging markets face diverging challenges in the period ahead, according to the International Monetary Fund chief economist Maurice Obstfeld, who delivered a press conference from Lima.

With dropping commodity prices and the prospect of a Federal Reserve rate hike, risks to the global economy have changed. "Risks seem more tilted to the downside than just a few months ago," Obstfeld said.

In its flagship World Economic Outlook report, released today (October 6), the IMF

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