Live Breaking News & Updates on Show Consumer Prices
Stay updated with breaking news from Show consumer prices. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. her comments were made ahead of the imf and world bank s spring meetings, which kick off today in washington. our north america business correspondent samira hussain is there. 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, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, with the world s 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. now the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distre ....
Tough, but again, if you are the central bank had of many of the big central bank had of many of the big central banks, your key mandate is to keep inflation down, so that is the tool that you are using. it is really a tough one and i am not as optimistic as the imf is on the interest rates coming down. i hope, especially for the heavily indebted countries of the south that that is the case, but then i listen to people like laurie mcmaster, master of the federal reserve, and they see that the hawks are still quite prevalent in the world s larger central bank. we prevalent in the world s larger central bank. prevalent in the world s larger central bank. ~ ~ , ., . central bank. we will keep a close e e on central bank. we will keep a close eye on that central bank. we will keep a close eye on that and central bank. we will keep a close eye on that and we central bank. we will keep a close eye on that and we may central bank. we will keep a close eye on that and we may get - cen ....