The International Monetary Fund has issued a warning that the risks to financial stability are rising.
The International Monetary Fund warns that risks to financial stability have increased.She called for continued vigilance despite moves by advanced economies to calm market stress.
The IMF managing director reiterated her view that 2023 would be another challenging year, with global growth slowing to below 3% due to scarring from the pandemic, the war in Ukraine and monetary tightening.The outlook for global growth in 2024 was better, yet still below its historic average of 3.8%, and the overall outlook remained weak.
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