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Bank spring meetings, which could lead that kicked off on monday in washington. Our North America correspondent is there and has a preview of those meetings. High inflation continues to plague countries around the world. Central bankers are raising Interest Rates to try and slow down those price increases. As a result however, we have some of the weakest Growth Projections by the International Monetary fund since the 1990s. With the Worlds Finance Ministers and central bankers all 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 ....
bank spring meetings, which could lead that kicked off on monday in washington. our north america correspondent is there and has a preview of those meetings. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the worlds finance ministers and central bankers all 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. reporting outside the world bank and imf building ....
Opening up of the economies and fuller economic reopening, domestic story will be the key driver if you look at china alone the magnitude of excess savings are 20 trillion rmb and 22 alone. this sort of revenge spending and pent up demand will re drive the other part of the equation, not so much on the equation, not so much on the external side because we know there are headwinds. but within the region for over the past couple of years the region has become more resilient in terms of sourcing, the demand within itself. we know trade in export here. within itself. we know trade in exoort here- export here. talking about the o timism export here. talking about the optimism in export here. talking about the optimism in some export here. talking about the optimism in some parts - export here. talking about the optimism in some parts of - export here. talking about the i optimism in some parts of asia, particularly given the fact that domestic demand is helping to drive up economic gro ....