Economics
Risk of ‘Sharp, Sudden’ Financial Tightening Has Risen, IMF Says
- Weak companies will come under pressure in a downturn
- International Monetary Fund cut global outlook to 10-year low
Photographer: FeelPic/iStockphoto via Getty Images
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The International Monetary Fund warned that global economic risks have risen as central banks reduce borrowing costs and that stronger oversight is needed to ease threats to an already shaky expansion.