Global Recession Unlikely, Says IMF's Top Economist In a recent interview with CNBC, Pierre-Olivier Gourinchas, the International Monetary Fund’s economic counselor, assessed the risk of a global recession as “fairly minimal.” He highlighted several positive factors, such as robust economic performance in the U.S. and various emerging markets, and a quicker-than-anticipated decrease in inflation, despite some growth sluggishness in Europe. However, he cautioned that increasing tensions in the Middle East could pose risks to global economic stability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yuan Hits Weakest Level Since November as China Loosens Currency Control READ MORE OPEC+ Negotiates Long-Term Extension of Oil Output Cuts READ MORE Zimbabwe Eyes Gold-Backed Currency to Fortify Financial Stability READ MORE ZeroHedge: Two Cheers for Vivek Ramaswamy's Commentary on the Fed READ MORE BREAKING: Silver Trades Above $30/oz First Time In Over a Decade READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment