US Debt Standoff Is Risk World Doesn’t Need, IMF’s Gopinath Says

Gita Gopinath, first deputy managing director at the International Monetary Fund, discusses her outlook for the global economy in 2023, inflation and China’s reopening. She speaks on Bloomberg Television on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland.Source: Bloomberg

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By Craig Stirling and Eric Martin

January 18, 2023 at 7:50 AM UTC

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The Congressional standoff over raising the limit on US federal borrowing is a risk that neither the country nor the rest of the world ought to face, according to the International Monetary Fund’s No. 2 official said.