The past 14 days of trading saw the greatest sell-off in global financial markets since February 2018. The week also saw US treasury yields rise to their highest level since 2011, President Trump unleash his wrath on the Federal Reserve over US interest rate policy once again, and an IMF downgrade to global growth for the first time in two years.
IMF forecast 2018
Latest in IMF forecast 2018
GCC economic growth
IMF lifts Saudi economic growth forecast for 2018, 2019
International Monetary Fund says Saudi economy, which contracted by 0.9% last year, is expected to grow by 2.2% in 2018 and 2.4% next year
Abu Dhabi
UAE economy to grow 3.7% next year, says IMF
The IMF believes that the UAE’s fiscal deficit is expected to remain at 1.6% of GDP this year, before returning to a surplus