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Central Bank Stimulus Saves Global Growth in 2019, 2020
Central Bank Stimulus Saves Global Growth in 2019, 2020
20 Jan 2020, 10:01 PM IST
(Bloomberg) --
Global growth just finished its weakest year in a decade, but it would have been even worse if it hadn’t been for central banks, according to the International Monetary Fund. The Washington-based institution said growth in 2019 and 2020 would be 0.5 percentage point weaker without their stimulus push.
To contact the reporters on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net;Ana Monteiro in Washington at amonteiro4@bloomberg.net
To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, ;Alaa Shahine at asalha@bloomberg.net, Brian Swint
©2020 Bloomberg L.P.
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