IMF heightens warnings on corporate debt following central bank cuts
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WASHINGTON (Reuters) - The International Monetary Fund heightened its warnings for the corporate debt market on Wednesday, as investors search for richer returns in riskier assets after recent interest rate cuts by central banks.The IMF, whose fall meetings with the World Bank begin in Washington this week, also warned the main drivers of downside risks to the global economy remained ongoing trade tensions and policy uncertainty. A major geopolitical event, like the United Kingdom exiting the..