• Pete

From CNBC

IMF slashes its forecasts for the global economy and warns of soaring debt levels PUBLISHED WED, JUN 24 2020 9:00 AM EDT Silvia Amaro@SILVIA_AMARO

KEY POINTS

  • The Fund also downgraded its GDP forecast for 2021.

  • The IMF cautioned that the forecasts are surrounded with unprecedented uncertainty.

  • The United States is expected to contract by 8% this year. The Fund had estimated a contraction of 5.9% in April.


0 views0 comments

Recent Posts

See All

Big Day for Data

A lot of numbers to digest today! You can see Santelli lay it all out here. https://www.cnbc.com/2021/06/24/weekly-jobless-claims.html?__source=newsletter%7Cbreakingnews

Inflation on the Horizon.

Hotter than expected CPI signals inflation. See the report here https://www.cnbc.com/2021/06/10/cpi-may-2021.html?__source=newsletter%7Cbreakingnews