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Asia might fuel world prices if costs keep rising: IMF

Asian countries might start exporting inflation to the world if consumer prices catch up with rising energy costs, adding to global inflationary pressure weighing on growth, the IMF’s Asia-Pacific director said.
“If oil prices continue to increase and producer costs increase, it’s inevitable it’ll eventually come to the price of retail goods,” IMF Asia and Pacific Department director Changyong Rhee said in a Bloomberg TV interview. “In that stage Asia can export inflation further to the world, but it is not yet at that stage.”
Rhee’s comments point to the risk of Asia eventually contributing to a feedback loop of global prices ....

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Korean stock markets feared to lose vibrancy due to Fed's rate hikes

Korean stock markets feared to lose vibrancy due to Fed s rate hikes ....

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Korea's potential growth rate on rapid decline

Korea's potential growth rate on rapid decline
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Will BOK's forward guidance work?

Will BOK's forward guidance work?
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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XE Market Analysis: North America - Jun 24, 2021

XE Market Analysis: North America - Jun 24, 2021
xe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xe.com Daily Mail and Mail on Sunday newspapers.

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