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Three Reasons Why the U.S. Should Care About Brexit
Although Europe remains the epicenter of Brexit’s economic and political instability, the United States is not insulated from the shocks felt across the water. We summarized some of the anticipated effects of Brexit on the U.S. economy and trade outlook.
IMF Lowers WEO Projections
The International Monetary Fund continues to revise its global growth projections downward but it is having trouble keeping up with a steady stream of bad news. In October, the Fund released its latest edition of the World Economic Outlook, a biannual survey of the global economy. In this installment, the authors describe a persistently “uneven global recovery.”