Global economy may not fully recover from the coronavirus crisis by 2021, IMF chief economist says

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The International Monetary Fund this week downgraded its economic forecast. It now expects the global economy to shrink by 3% this year before growing 5.8% next year.

The International Monetary Fund this week said the global economy is expected to shrink by 3% this year, before growing by 5.8% next year — a rebound that its Chief Economist Gita Gopinath described as a "partial recovery."

"So even by the end of 2021, we're expecting level of economic activity to be below what we had projected before the virus," she said. International Monetary Fund chief economist Gita Gopinath speaks during a press conference in Washington D.C., on April 9, 2019.Global economic activity, which has been hit by the coronavirus pandemic, may not fully recover even by the end of 2021, said Gita Gopinath, chief economist at the

 

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That’s profound....”may” keyword....kinda like Cuomo “May” be better prepared with ventilators now that Trump bailed his incompetent tail out.

What is she 12?

These know nothing bureaucrats are always wrong.

Thanks, Donald! 🤬

The IMF always has negative projections, I’ve never seen a positive one—even during good times the constant downward revisions are common.

No import , Fed Will inflate market and help your Friends , jp Morgan , Morgan Stanley and Banks . No problem.

She is hot, I would make baby tigers with her.

No s.... millions of lives destroyed by corrupt dumba... Governors and mayors

Which means it goes away and comes back again, back and forth several times till 2021?

Really? No shit.

Whats your magical powers

The criminal cnbc pump & dump boiler room is at it again

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