Global risks at worst in four decades, says IMF
Risks to global growth are at their worst for four decades, said the International Monetary Fund today (October 11), as it unveiled its latest Global Financial Stability Report.
“The range of adverse GDP growth outcomes based on the probability distribution of future GDP growth is in the worst twentieth percentile of the last four decades,” said the IMF. “Financial vulnerabilities are elevated in the sovereign and non-bank financial institution sectors, while market liquidity has deteriorated
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