• IMF chief Georgieva: Uncertainty is the major downside risk for global economy

Market news

23 January 2020

IMF chief Georgieva: Uncertainty is the major downside risk for global economy

  • Wants to see governments stepping up action

  • The world is more shock-prone as it is interconnected currently

  • Sees signs of trade, industrial slowdown bottoming out

  • We are in a better place at the start of 2020 than in 2019

  • Consensus is that global rates will be low for longer

  • Fed, PBOC have policy space

  • Other countries need to look at fiscal tools more closely

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