IMF warns of slowing development, rising market dangers as finance officers meet
By David Lawder and Pete Schroeder
WASHINGTON (Reuters) – The Worldwide Financial Fund was warned on Tuesday that colliding pressures from inflation, war-driven power and meals crises and sharply larger rates of interest have been pushing the world to the brink of recession and threatening monetary market stability.
In gloomy studies issued at first of the primary in-person Worldwide Financial Fund and World Financial institution annual conferences in three years, the IMF urged central banks to maintain up their battle towards inflation regardless of the ache attributable to financial tightening and the rise within the US greenback to a two-decade