Newscast cover image

'Walkout Wednesday': A Guide

Newscast

00:00

Is the IMF Forecast Really Wrong?

Every government in the world, more or less, is a shareholder in the IMF. They say that growth for the UK in 2023 is projected to be minus 0.6%. In other words, the economy getting smaller and they say that's a 0.9 percentage point downward revision. But when they last kind of made these projections and predictions in October, what's driving that quite big fall? Yeah, and I think what's striking about this is remember, it's not really the numbers. It's that every other country more or less has its forecast revised up - ours have gone down pretty significantly. And if anything, things have got a bit better. What's driving it is that

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app