This week the International Monetary Fund (IMF) has published its latest World Economic Outlook, October 2023: Navigating Global Divergences (imf.org). The headlines have focused on the IMF’s gloomy forecasts for the UK, which are even more nonsensical than usual. Unfortunately, this has drawn attention away from a far bigger concern – the fiscal madness in … Continue reading The IMF is right to be more worried about ‘Bidenomics’ than Brexit
Tag: IMF
Could a stronger economy still save the Tories?
Everything from the latest opinion polls to the bookies odds points to a crushing defeat for the Conservatives at the next general election. However, if I were a betting man, I would put a few quid on Rishi Sunak remaining in Number 10. For a start, the next election could be as late as January … Continue reading Could a stronger economy still save the Tories?
What the IMF is really saying about interest rates
The IMF’s latest World Economic Outlook has received more attention than usual, thanks to some eye-catching work on the long-term trend in interest rates. This has prompted headlines ranging from “Ultra-low interest rates will return in Britain, IMF says” in the Telegraph, to “New IMF prediction is good news for homeowners” in the Mirror. So … Continue reading What the IMF is really saying about interest rates
