IMF Update Spotlights Germany’s ‘Slowcession,’ Saudis’ Royal Dilemma
I've said this before and I'll say it again: IMF growth updates are a paradox of sorts.
There’s a sense in which we should all care what the world’s foremost multilateral economic institution has to say about the outlook for the global economy. But the irony of IMF projections is that almost no one cares, despite the fact that the Fund’s forecasts are, in one way or another, built into lending deliberations and other decisions with the potential to make or break entire economies.
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