ShreeMetalPrices: Global Monetary Outlook Getting ‘Dark’, Says IMF
The International Monetary Fund stated on Sunday that the global economic outlook is much more severe than expected last month. Noting a consistent deterioration in purchasing manager polls in recent months. The tighter monetary policy brought on by consistently high and widespread inflation. China’s sluggish development momentum, and continuous supply disruptions with food insecurity brought […]
ShreeMetalPrices: IMF Issues a 2023 Recession Warning and a Bleaker Forecast for the World.
In light of growing risks of a recession and financial instability. The International Monetary Fund will next week revise downward its projection for 2.9% global growth in 2023. According to managing director Kristalina Georgieva. With the shocks brought on by the COVID-19 epidemic, Russia’s invasion of Ukraine, and climate crises on every continent. Georgieva claimed […]