The United States has only a slim chance of avoiding an economic downturn given the many risks it faces, the IMF said Tuesday.
A man works near the New York Stock Exchange on March 11, 2022, in New York City, New York, U.S. (Photo: CFP)
"It's a very narrow path," IMF chief economist Pierre-Olivier Gourinchas said. "The current environment suggest that the likelihood that the US economy can avoid a recession is actually quite narrow."
He warned that even a "small shock" could tip the US economy into recession.