IMF says global economic outlook getting ‘gloomier’, risks abound

WASHINGTON  – The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months. It blamed the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, and ongoing supply … Continue reading IMF says global economic outlook getting ‘gloomier’, risks abound