Skip to content

IMF Cuts World GDP Outlook a Third Time as Inflation, Rates Jump

  • Outlook risks ‘overwhelmingly tilted to downside,’ fund says
  • World may soon be teetering on recession edge, Gourinchas says
Video player cover image
IMF Cuts World GDP Outlook, Warns of Global Recession
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The International Monetary Fund cut its global growth outlook for this year and next, warning that the world economy may soon be on the cusp of an outright recession.