#imf (2 Posts)
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IMF Report: Biden's Trade Policies May Lead to Massive Global Economic Losses The International Monetary Fund (IMF) criticized U.S. President Joe Biden’s aggressive tariff policy towards China as a threat to global economic growth. According to Bloomberg on the 16th (local time), IMF spokesperson Julie Kozak warned at a regular briefing that “the U.S. must maintain an open trade policy that is essential for economic performance.” She […]
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IMF Warns: 'U.S. and Chinese Fiscal Deficits Are a Grave Risk to the Global Economy' US fiscal deficit to hit 7.1% of GDP next year, triple the average for advanced economiesChina’s fiscal deficit to reach 7.6%, double the average of emerging countriesUS debt also affects inflation…high inflation-high interest rate vicious circle The International Monetary Fund (IMF) warned on the 17th (local time) that the massive fiscal deficit in the United […]
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