Comments from International Monetary Fund managing director Kristalina Georgieva over the weekend on the impact on the global economy
could damage global economic growth this year
a sharp and rapid economic rebound could follow
“There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space”
full impact of the spreading disease would depend on how quickly it was contained – “I advise everybody not to jump to premature conclusions. There is still a great deal of uncertainty. We operate with scenarios, not yet with projections, ask me in 10 days”
If the disease is “contained rapidly, there can be a sharp drop and a very rapid rebound”, in what is known as the V-shape