Red Sea crisis not yet having ‘significant’ impact on global economy

Red Sea crisis not yet having ‘significant’ impact on global economy – IMF ...News

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The shipping disruptions are pressuring prices but not to the point that inflation projections should be hiked, Kristalina Georgieva says The Houthi rebel attacks on vessels in the Red Sea have had a significant impact on insurance and shipping rates, but have so far not affected global economic growth prospects, Kristalina Georgieva, the managing director of the IMF, said in an interview with the Washington Post this week. “It adds pressure on prices, but not yet to the point that our projections for inflation globally will be corrected upwards,” the IMF chief said, adding that “for now, this has implications, bu

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