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Transcripts For BBCNEWS Asia Business Report 20240706

high inflation continues to plague countries around the world. central bankers are trying slow down the price increases. asa as a result, we have some of the weakest growth projections by the international monetary fund since the 1990s. international monetary fund since the 19905. with the international monetary fund since the 1990s. with the world s finance ministers and central bankers meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distress. given the uncertain global economic outlook, the imf believes many more countries will be looking to the imf for help. earlier, i spoke tojohn lipski, chair of the national bureau of economic research, also in washington for those meetings. he told the cost of liv

Transcripts for BBCNEWS Asia Business Report 20240604 00:32:00

for help. earlier, i spoke tojohn lipski, chair of the national bureau of economic research, also in washington for those meetings. he told the cost of living is expected told the cost of living is expected to feature heavily throughout this week. pessimists think they ll have to produce recession to meet their inflation targets. inflation optimists think it will be more benign, and be a better outlook perhaps better than the imf and world bank are looking for. inflation is the key. there s little reason to think that we re looking towards a boom. reason to think that we re looking towards a boom. what is your sense of how central towards a boom. what is your sense of how central banks, towards a boom. what is your sense of how central banks, in towards a boom. what is your sense of how central banks, in particular. of how central banks, in particular the us central bank, is managing inflation, given the upheaval we ve seenin

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