News

IMF’s Obstfeld: US likely to feel the impact of a sharp slowdown in global growth

The International Monetary Fund's (IMF) Chief Economist Maurice Obstfeld said in an interview on Sunday, the US economic growth is likely to slowdown in the coming years.

Key Headlines (via FT):

Expects growth to slow in 2019 and 2020.

But not expecting a recession in the US.

The impact of US tax cuts and fiscal spending will diminish.

"For the rest of the world there seems to be some air coming out of the balloon. That will come back and also affect the US".

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.