Business, Economics, Stock markets, FTSE, International Monetary Fund (IMF), Bank of England Business | The Guardian
Rolling coverage of the latest economic and financial news, as governor Andrew Bailey says disinflation is happening faster than expectedA senior IMF official has told the BBC that the UK needs more investment, to catch up with G7 rivals.Gita Gopinath, the First Deputy Managing Director of the IMF, also warned that the world economy could contract by the size of the combined French and German economies if a ‘broad based trade war’ broke out, the BBC’s Faisal Islam reports:If you have some very serious decoupling and broad scale use of tariffs, you could end up with a loss to world GDP of close to 7%”.“These are very large numbers, 7% is basically losing the French and German economies. Continue reading…
Rolling coverage of the latest economic and financial news, as governor Andrew Bailey says disinflation is happening faster than expected
A senior IMF official has told the BBC that the UK needs more investment, to catch up with G7 rivals.
Gita Gopinath, the First Deputy Managing Director of the IMF, also warned that the world economy could contract by the size of the combined French and German economies if a ‘broad based trade war’ broke out, the BBC’s Faisal Islam reports:
If you have some very serious decoupling and broad scale use of tariffs, you could end up with a loss to world GDP of close to 7%”.
“These are very large numbers, 7% is basically losing the French and German economies.
