Global Financial Stability Report April 2023
Download or Read eBook Global Financial Stability Report April 2023 PDF written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2023-04-11 with total page 126 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Monetary and Capital Markets Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 126 |
| Release | : 2023-04-11 |
| ISBN-10 | : 9798400233241 |
| ISBN-13 | : |
| Rating | : 4/5 (41 Downloads) |
Book Synopsis Global Financial Stability Report April 2023 by : International Monetary Fund. Monetary and Capital Markets Department
Book excerpt: The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023. In a plausible alternative scenario with further financial sector stress, global growth declines to about 2.5 percent in 2023 with advanced economy growth falling below 1 percent. Global headline inflation in the baseline is set to fall from 8.7 percent in 2022 to 7.0 percent in 2023 on the back of lower commodity prices but underlying (core) inflation is likely to decline more slowly. Inflation’s return to target is unlikely before 2025 in most cases.
