IMF Chief Sounds Alarm on Global Economy. Why Markets Should Care.


The U.S. stock market may be flirting with the idea its painful decline could be nearing an end. But the head of the International Monetary Fund sees more trouble ahead for the global economy.

Kristalina Georgieva, a self-described “eternal optimist” and managing director of the IMF, warned on Thursday that recession risks are rising, and conditions are likely to get worse as the fallout from the war in Ukraine, climate disasters and tightening financial conditions batter economies.

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