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Risk of a global recession is minimal, IMF economist says — would take 'a lot to derail'

IMF's Gourinchas: See Fed cutting three times in 2024

One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.

The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024 and projects the same rate in 2025.

“When we do the risk assessment around that baseline, the chances that we would have something like a global recession is fairly minimal. At this…


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FILE - Scottie Scheffler hits out of the sand on the second green during the final round of The Players Championship golf tournament Sunday, March 17, 2024, in Ponte Vedra Beach, Fla. (AP Photo/Marta Lavandier, File)

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