Steve July 28, 2022
some-asia-economies-need-rapid-rate-hikes-to-cool-inflation:-imf

IMF director for Asia and Pacific says rapid increases needed to prevent “upward spiral” in inflation., IMF director for Asia and Pacific says rapid increases needed to prevent “upward spiral” in inflation.Published On 29 Jul 202229 Jul 2022Some Asian central banks must rapidly raise interest rates to prevent an “upward spiral” in inflation as the war in Ukraine drives surging fuel and food prices, an International Monetary Fund (IMF) official has said. While inflation in Asia remains “moderate” compared with other regions, several economies will have,2022-07-29 03:29:00,Read More