US Budget Deficit Poses ‘Significant Risk’ for Global Outlooks: IMF
America’s fiscal policies create ‘profound effects’ for the international economy. The U.S. budget deficit poses a “significant risk” for global fiscal developments and outlooks, according to the International Monetary Fund (IMF). In its latest Fiscal Monitor report, IMF economists stated that U.S. and Chinese fiscal policies produce “profound effects” on the worldwide economy and present