inflation and high interest rates, and banking instability have contributed to this year s gloomy economic forecast stock but it is a global recession is not likely stop business reporter katie silver has been looking into this story for us and joins me now on the programme with the details. great to get you on the show. talk through what you have seen today. 50 talk through what you have seen toda . ~ ., , talk through what you have seen toda . ~ .,, , today. so the imf has seen it has been today. so the imf has seen it has been a today. so the imf has seen it has been a perilous - today. so the imf has seen it i has been a perilous combination of vulnerabilities and they are calling on central banks around the world to keep monetary policy tight and that means high interest rates in order to stave off dental economic crisis or a decrease in economic growth. so the fund has revised their forecast for this year and next, lowering both from what was predicted in january by
as as potential crises or vulnerabilities when it comes to the banking sector. one of the bright sparks was they were saying the us and indeed the uk economy are doing better than expected, but this will all depend on what was he going forward when it comes to the attempts to control inflation as well as the cost of energy given the ongoing conflict in ukraine. ., given the ongoing conflict in ukraine. . ,, ., ukraine. katie silver, thanks forjoining ukraine. katie silver, thanks forjoining us ukraine. katie silver, thanks forjoining us on ukraine. katie silver, thanks forjoining us on the - ukraine. katie silver, thanks forjoining us on the show. ukraine. katie silver, thanks l forjoining us on the show with that update. for a closer look at the projections, particularly in this part of the world, we can speak to krishna v nevaeh austin and he joins me on the programme. thank you so much forjoining us on asia business report. i don t know how much of my colleague s assessment you