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 Turkey's Inflation Climbs to 75.5%, Policymakers Hope for Relief READ MORE Gold Wavers as U.S. Economic Slowdown Spurs Rate Cut Speculation READ MORE S&P 500 Nears Worst Month in Over a Year as Rising Yields Signal Inflation Concerns READ MORE Silver: "It's Time To BUCKLE UP" READ MORE Citi's Bullish Forecast for $3,000 Gold in 2025 READ MORE Add a Comment Cancel replyYour email address will not be published.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