IMF predicts global economic risks due to inflation and interest rates.
TL;DR
The International Monetary Fund (IMF) has warned that the global economy could experience a "hard landing" if inflation persists. The IMF has urged central banks to be prepared to raise interest rates to combat inflation, which it says is being driven by supply chain disruptions and pent-up demand. The warning comes as the US Federal Reserve is expected to begin tapering its bond-buying programme in the coming months.
- IMF warns of 'hard landing' for global economy if inflation persists Financial Times
- IMF economic forecast: UK doesn't have 'external engine that it once had' - El-Erian Sky News
- Interest rates likely to fall to pre-Covid levels, IMF predicts BBC
- If Rates Want to Drop, They'll Need a Reason Mortgage News Daily
- IMF: UK's rapid interest rate increases have created 'vulnerabilities' Sky News
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