With soaring prices and growing financial uncertainty across the world, a recent report by International Monetary Fund (IMF) provides a grim outlook — even for the world’s most advanced economies.
provides a grim outlook — even for the world’s most advanced economies.
With economic uncertainty and growing concerns around inflation, IMF experts now warn that the possibility of recession has also increased. “Should additional shocks hit the global economy, economic outcomes would be even worse,” the report said.
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