Tag Archives: economist

US Economy Will Face “Sharp” Slowdown In 2020, Says IMF Chief Economist

IMF chief economist said the slowdown is going to be sharper probably in 2020 than in 2019 (File) Washington: Americans will begin feeling the effects next year of a marked slowing in world economic growth but should be spared a new recession, the chief economist of the International Monetary Fund said in remarks published Sunday. “We  have long been predicting somewhat ... Read More »

Bank of England’s chief economist calls for more simple pension system

Over-complex pensions are harming the UK economy and reinforcing mistrust of the financial sector, the Bank of England’s chief economist has warned, as he admitted even he was unable to make the “remotest sense” of them. Andrew Haldane said ordinary workers had no chance of making informed decisions for their retirement funds when experts and financial advisers “have no clue ... Read More »