April 11, 2023/IMF The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in […]
OPINION/EDITORIAL
Global Financial System Tested by Higher Inflation and Interest Rates
(Credit: IMF Photos) April 11, 2023/IMFBlog By Tobias Adrian Banking oversight was significantly strengthened after the global financial crisis, in part by requirements for banks to hold more capital and liquid assets and be stress tested to help ensure resilience to adverse shocks. Yet the global financial system is showing […]
Global Economic Recovery Endures but the Road Is Getting Rocky
(Credit: deberrar/Adobe Stock) April 11, 2023/IMFBlog By Pierre-Olivier Gourinchas Read this blog here to view our country-by-country table of World Economic Outlook projections and interactive charts. The global economy’s gradual recovery from both the pandemic and Russia’s invasion of Ukraine remains on track. China’s reopened economy is rebounding strongly. Supply […]
