IMF: Asia vulnerable to sudden global tightening, protectionist shift – Reuters

Dhwani Mehta FXStreet

In its regional economic outlook update, the International Monetary Fund (IMF) revised higher its growth forecasts for Asia, reflecting “strong and broad-based” global growth and trade, reinforced by fiscal stimulus in the US.

The Fund noted: “Asia remains vulnerable to a sudden and sharp tightening of global financial conditions, while too long a period of easy conditions risks a further buildup of leverage and financial vulnerabilities.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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