IMF chief Lagarde warns of disappointing global growth in 2016
by Reuters in Berlin from Economics | The Guardian on (#Z5DQ)
Economic outlook has deteriorated, with rising US interest rates and Chinese downturn increasing risk of instability
Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund has warned.
The IMF managing director, Christine Lagarde, said the prospect of rising interest rates in the US and an economic slowdown in China were feeding uncertainty and a higher risk of economic vulnerability worldwide.
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