The IMF's logo (Photo: Reuters)

Potential risks to the global economy

The International Monetary Fund (IMF) warned that geopolitical tensions and the consequence of the global economy fragmenting will increase risks to financial stability. The instability of the global economy, the inefficient performance of major economies, high inflation and a sharp drop in investment, are also factors that restrain the growth momentum of many regions.
The headquarters of the FED in Washington, DC. (Photo: AFP/VNA)

Consequences for global economy

In the past weekend, member of the Board of Governors of the Federal Reserve (FED) Christopher Waller warned that the FED may have to raise interest rates higher than expected if related issues cannot be cooled down. It shows that the world's No.1 economy is still facing difficulties and this move will cause many consequences for the global economy.