IMF chief economist: “below the surface…turbulence is building, and the situation is quite fragile as the recent bout of banking instability reminded us,” adding that the odds of a recession have “risen sharply.”
IMF: “Turbulence is building,” “hard landing” ahead for global economy. “Below the surface … turbulence is building, and the situation is quite fragile, as the recent bout of banking instability reminded us,” IMF director of research Pierre-Olivier Gourinchas said in …