IMF warns Middle East conflict will lead to higher prices and slower global growth
The International Monetary Fund warned that an ongoing Middle East conflict disrupting oil, gas, and fertilizer supplies could lead to higher global prices and slower economic growth. It said rising energy and food costs would reduce living standards, strain businesses, and potentially force central banks to raise interest rates to control inflation. The IMF noted that heavily indebted countries may struggle to provide financial support to offset … Continue reading IMF warns Middle East conflict will lead to higher prices and slower global growth
