Tuesday, October 11, 2022

IMF slashes growth forecasts and raises concerns of recession

The International Monetary Fund has unveiled its World Economic Outlook for the year ahead, with a stark warning that "the worst is yet to come."


The IMF, holding its annual meeting in Washington DC, says the global economy faces steep challenges shaped by three powerful forces: the war in Ukraine, inflation, and a deceleration of growth in China. 


With more, from Washington, our US Correspondent Benji Hyer. 


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