World Economy Slowing Down, Recession Fears Have Gone Up, Says IMF Chief Kristalina Georgieva

The International Monetary Fund (IMF) will next week downgrade its forecast for 2.9 percent global growth in 2023, Managing Director Kristalina Georgieva said on Thursday, citing rising risks of recession and financial instability. In an interview with CNBC, she said that U.S Federal Reserve Chair Jerome Powell was walking a “very, very narrow” path in shaping monetary policy, but the IMF expected interest rates to be “somewhere in the 4 percent territory” in 2022 and 2023. #IMFChief #kristalinageorgiva #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. You can also connect with CNBC-TV18 News Online Watch LIVE:    • Video   Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action: https://www.cnbctv18.com/market/ Follow experts on the most vital topics: https://www.cnbctv18.com/expert-views/ Subscribe to our Channel: https://bit.ly/3nvEcxf Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   n18oc_business