Economic outlook (from the IMF)

World Economic Outlook: IMF October

  • Global growth is in low gear, and the drivers of activity are changing.
  • The euro area is crawling out of recession, but activity is forecast to stay tepid
  • Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth.
  • Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions.

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