IMF joins Fitch with general thoughts
It must be a day for broad macro thoughts that tell us what we pretty much already know.
The IMF joins Fitch with broad thoughts. They say:
- No-deal Brexit is the most significant near-term risks of Britain's economy
- Too early to assess economic damage from US government shutdown.
- The longer the US shutdown, the greater the impact on the US economy
- They urge the US to an partial government shutdown
- important to find new social consensus in France
They add:
- IMF board review of next Egypt loan tranche expected soon.
- Staff mission scheduled to visit Greece next week