Europe Risks ‘Explosive’ Path If It Doesn’t Fix Debts, IMF Warns

The IMF cut its global-growth projections, citing high uncertainty as financial-sector stress compounds pressures from tighter monetary policy. The update signals softer demand conditions ahead and adds to risk premia, with potential knock-on effects for credit and rate expectations.

Analysis

The IMF cut its global-growth projections, citing high uncertainty as financial-sector stress compounds pressures from tighter monetary policy. The update signals softer demand conditions ahead and adds to risk premia, with potential knock-on effects for credit and rate expectations.