Mohamed El-Erian, “Global Economic Leaders Point to Mounting Risks”
Central bankers and finance ministers just gathered in Bali for the IMF annual meeting and dismissed prospects for a synchronized pickup in growth. The optimistic tone of the spring meeting is gone because risks “are increasingly skewed to the downside.” The rising clouds: trade tensions, geopolitical concerns, tighter financial conditions that affect many emerging economies, policy uncertainty, historically high debt levels, rising financial vulnerabilities and limited policy space (which further undermines confidence and growth prospects) (reads in 4-5 min).

This content is for FREE TRIAL, MB DIGITAL, MB CONNECT, and MB 100 members only.
Login Join Now