The 0.2 percentage points revision in the global IMF growth forecast is not the most important outcome. It is worth noting, however, that Turkey is set to slump in a deep recession, Italy will probably stagnate this year and Romania will have huge current account deficit.
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8 Apr 2019 15:53
Decreasing chances of the agreement in the House of Commons (Afternoon audio analysis 8.04.2019)
The 0.2 percentage points revision in the global IMF growth forecast is not the most important outcome. It is worth noting, however, that Turkey is set to slump in a deep recession, Italy will probably stagnate this year and Romania will have huge current account deficit.
Marcin Lipka, Cinkciarz senior analyst
See also:
Decreasing chances of the agreement in the House of Commons (Afternoon audio analysis 8.04.2019)
Weekly summary (Afternoon audio analysis 5.04.2019)
Hard Brexit almost excluded (Afternoon audio analysis 4.04.2019)
MPC Wednesday meeting (Afternoon audio analysis 2.04.2019)
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