IMF: Inflationinduced rate hikes threaten growth

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has said that she expects slowing growth from higher borrowing costs will make next year feel like a recession for millions of people, even if the global economy avoids a technical downturn. “Increased interest rates will bite and we will see the impact on growth,” Georgieva said in an interview with Bloomberg Television’s Francine Lacqua. “For hundreds of millions of people, it will feel like a recession, so buckle up,” she said. “Hopefully, if we get inflation under control, then we can see a foundation for growth and recovery.” Surging prices have forced central banks worldwide to tighten monetary policy, which is expected to cool inflation but risks tipping economies into recession. In the U.S., Federal Reserve officials pivoted to aggressively lifting rates to tame the fastest price increases in four decades.




Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...




%d bloggers like this:
Fake Richard Mille Replica Watches, The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica