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a major new service unveiled to take on the likes of netflix, disney and amazon. but will viewers stump up the cash for another subscription? let us now focus on the top money stories. we start with the cost of borrowing, because the number two at the international monetary fund has told the bbc we shouldn t bank on lower interest rates any time soon. the imf and world bank are hosting global financial leaders at their spring meeting in washington, dc. the imf s deputy managing director has been speaking to our correspondent, samira hussain. gita gopinath told samira that central banks must stay the course in fighting inflation despite the shock waves sent through the banking system by rapidly rising interest rates. it is very difficult to be fully prepared for all the consequences of the times we are in, when you come out of a pandemic and there is a war and you have this very large increase in any energy prices, many things can happen. interest rates have gone up sharply, ....
To prevent events like this from happening. why do you think the global from happening. why do you think the global economy - from happening. why do you think the global economy is l from happening. why do you | think the global economy is at risk for a hard landing? to think the global economy is at risk for a hard landing?- risk for a hard landing? to be very clear. risk for a hard landing? to be very clear, our risk for a hard landing? to be very clear, our baseline - risk for a hard landing? to be very clear, our baseline is - risk for a hard landing? to be| very clear, our baseline is not by hard landing, but we have a scenario where inflation remains high, it has to be brought down, that requires interest rates staying high for longer, and this is coming off a decade of very low interest rates and vulnerabilities that are built up. rates and vulnerabilities that are built un rates and vulnerabilities that are built um rates and vulnerabilities that are built up- are buil ....