World
2022.07.26 22:14 GMT+8

U.S. has 'very narrow path' to avoid recession: IMF

Updated 2022.07.26 22:14 GMT+8
CGTN

The United States has only a slim chance of avoiding an economic downturn given the many risks it faces, the IMF said Tuesday.

"It's a very narrow path," IMF chief economist Pierre-Olivier Gourinchas said. "The current environment suggests that the likelihood that the U.S. economy can avoid a recession is actually quite narrow."

He warned that even a "small shock" could tip the U.S. economy into recession.

Copyright © 

RELATED STORIES