Jon Hilsenrath has a take in “What If This Is As Good As It Gets?”:
The International Monetary Fund’s spring meetings are turning into a depressing affair. By April every year in the wake of the financial crisis, it seems the world’s top finance officials and central bankers are busy revising down expectations for annual growth and navigating some brewing financial storm. And so it is in 2015. Washington’s cherry blossoms are in full bloom and so is economic angst and frustration.
Unfortunately, world growth forecasts are still “shrinking”, so it “could get worse”!