Good advice is useless unless it is followed. That may be the problem for the International Monetary Fund. Read swahapattanaik's analysis on IMF's global growth forecast:
The International Monetary Fund on April 9 cut its global growth forecast for 2019 to 3.3 percent. That compared with the 3.5 percent rate of growth that it had predicted in January 2019 and the 3.7 percent forecast in October 2018.
Gita Gopinath, the IMF’s chief economist, said in a blog published on April 9: “While the global economy continues to grow at a reasonable rate and a global recession is not in the baseline projections, there are many downside risks. … Given these risks, it is imperative that costly policy mistakes are avoided.”
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