IMF comments on the global economy:
- Several emerging markets at risk of downgrade
- Fed to enable 'sooth absorption' of rising rates
- Sees 'heightened' chance of global asset-market disruption
- Preconditions for Fed rate liftoff 'nearly in place'
- Risks shifting to emerging markets as liftoff nears
The IMF has a reputation for being a downer on the global economy but these headlines are upbeat.