Brexit and the U.S.-China trade war are just a few of the items mentioned in the latest International Monetary Fund outlook on the world economy. The IMF projected global growth this year to be the lowest since the financial crisis. “One of our main downside risks remains an escalation in trade tensions,” IMF chief economist, Gita Gopinath, told Marketplace host Kai Ryssdal. “We would like to see a resolution of Brexit, with an agreement. That’s not a no-deal Brexit,” Gopinath said. “I mean, these would be some of the important policy missteps to be avoided.”
Click the audio player above to hear the interview.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.