IMF cuts international financial development forecast over Ukraine and inflation

Published April 19, 2022 at 6:30 PM


The International Monetary Fund on Tuesday downgraded international financial development for a second time this 12 months.

It shaved practically an entire share level off predictions that simply months in the past forecast sturdy post-pandemic growth.

And if the Russia-Ukraine battle, and inflation, are the principle causes for the downgrade, the IMF is now involved about how rigorously policymakers can tame worth rises.

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