Global economic activity ‘slowing down’ – IMF ...News

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Global economic activity ‘slowing down’ – IMF
Inflation could weigh on growth for a long time, requiring even more monetary policy tightening, the head of the agency warns Global economic activity is slowing, most notably in the manufacturing sector, the chief of the International Monetary Fund (IMF) Kristalina Georgieva said at a meeting of G20 finance ministers and central bank governors on Tuesday. She noted that the world economy “has shown some resilience” despite “successive shocks in recent years and the rapid rise in interest rates.” Its growth is propped up by strong labor markets and high demand for services, but remains “anemic by historical standa

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