Interest rates could stay higher for longer, warns IMF
Source: BBC
Countries including the UK and the US are "seeing some persistence” in inflation that might mean interest rates have to stay “higher for even longer”, the International Monetary Fund (IMF) has warned. The body also said elections across the world had increased "uncertainty" over economic growth amid concerns over "significant swings" in policy from new governments.The IMF maintained its forecast that the world…
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