IMF Report – Probabilities Of Recession And Deflation
The International Monetary Fund (IMF) recently published the April 2014 “World Economic Outlook.” (pdf) The subtitle is “Recovery Strengthens, Remains Uneven.” One area of the report is figure 1.14 on page 14. While I do not agree with the current readings of the three measures presented – Probability of Recession, Probability of Deflation, and the …