IMF Chief Warns of Persisting High Prices Amid Economic Challenges

Reported about 1 month ago

During a speech at the Bretton Woods Conference, IMF Managing Director Kristalina Georgieva stated that higher prices are likely to persist, contributing to economic pain alongside slow growth and high debt. She acknowledged global growth is expected to surpass 3% but emphasized ongoing concerns about trade and climate risks impacting economic prospects. The IMF will release updated global growth forecasts soon.

Source: YAHOO

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