Maury Obstfeld

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Last quote by Maury Obstfeld

The first half of 2016 revealed some promising signs – for example, stronger-than-expected growth in the euro area and Japan, as well as a partial recovery in commodity prices that helped several emerging and developing economies. As of June 22 (the day before the U.K.'s Brexit vote), we were therefore prepared to upgrade our 2016-17 global growth projections slightly. But Brexit has thrown a spanner in the works.feedback
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Jul 19 2016 IMF
Maury Obstfeld has most recently been quoted in an article called IMF slashes world growth forecasts AGAIN on Brexit curveball. Maury Obstfeld said, β€œThe first half of 2016 revealed some promising signs – for example, stronger-than-expected growth in the euro area and Japan, as well as a partial recovery in commodity prices that helped several emerging and developing economies. As of June 22 (the day before the U.K.'s Brexit vote), we were therefore prepared to upgrade our 2016-17 global growth projections slightly. But Brexit has thrown a spanner in the works.”.
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