US likely to feel the impact of a sharp slowdown in global growth, the International Monetary Fund's chief economist Maurice Obstfeld said in an interview.

  • expects growth to slow in 2019 and 2020
  • but not expecting a recession in the US
  • the impact of US tax cuts and fiscal spending will diminish
  • "For the rest of the world there seems to be some air coming out of the balloon. That will come back and also affect the US"

FT has more (its gated)