The Data, Psychology Driving IMF's 'New Mediocre'

The transcript discusses the current economic climate, focusing on the risks and challenges faced by global economies. It highlights the slowdown in world growth, the impact of market psychology, and the European banking situation. The discussion also covers the US economic outlook, Yellen's monetary policy decisions, and the concept of a 'new normal' in global growth. The fragility of the global economy and the difficulty in pricing market risks are also examined.

What measures have the ECB taken in response to the economic situation?

How do the current GDP figures compare to the actual economic performance?

What adjustments are being made to the forecasts for global economic growth?