A worried IMF is starting to scratch its head
by Larry Elliott from on (#PMEC)
The fund has over-egged its global growth forecasts four years in a row - now it is asking if this weaker performance is temporary or permanent
The International Monetary Fund is worried. That's not just because it has shaved its growth forecast for 2015 for the second time in six months. It is not even that the world economy is expected this year to post its weakest performance since it completely stalled in 2009.
Related: IMF warns of stagnation threat to G7 economies
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