Economic damage assessment. The International Monetary Fund trimmed its global growth forecast on Tuesday. The IMF is projecting the coronavirus slowdown to be the deepest since the Great Depression (albeit not nearly as long-lasting), with advanced economies expected to contract by 6.1 percent this year and most emerging economies to shrink by at least 1 […]
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Daily Memo: Disastrous Growth Forecasts and Unhealthy Banks
The IMF gave its global economic growth projections a buzz cut.
