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IMF sees medium-term risks to global economy; more easing not the answer

The IMF said that global growth would have been 0.5 percentage point lower without last year's actions

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Photo: Reuters

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The International Monetary Fund on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt levels that could pose medium-term risks to the global economy and said further monetary easing was not the answer.

The global lender's most recent economic outlook forecasts a slight rebound of global economic activity this year and next, albeit to a lower level than previously forecast, after global monetary easing helped shore up growth in 2019.

The IMF said that global growth would have been 0.5 percentage point lower without last year's actions, the largest combined number of policy rate

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First Published: Jan 28 2020 | 8:06 PM IST

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