IMF staff report released on the global economy in Shanghai before the G20 meeting, said the G20 countries should agree to increase coordination of government spending, in order to defuse the risk of accelerating global economic downturn continues to heat up.
Recent market turmoil and recession in rich countries may be forced to output further IMF lowered global growth expectations.
We urge bold action to stimulate economic growth.
If the economic slowdown, China should implement the budget stimulus measures.
Inflation trends in most countries will weaken again.
Fed rate hike should depend on clear signals of inflation.
Global economic growth increases the risk of derailment reported by Wall Street CN.