IMF cuts 2023 global outlook over colliding global shocks
INTERNATIONAL The International Monetary Fund (IMF) has cut its global growth forecast for 2023 as economic pressures collide, from the war in Ukraine, high energy and food prices and sharply higher interest rates. The IMF warned on Tuesday that conditions could worsen significantly next year and said it expected more than a third of the world’s economy to contract. “The three largest economies – the United States, China and the euro area […]
