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Interest rate increases, volatile markets signal rising financial stability risks

GLOBAL financial conditions have tightened as central banks accelerate monetary policy normalisation to keep rapid inflation from becoming entrenched.

Worst is yet to come, IMF warns amid recession fears

The global economy continues to face steep challenges and more than a third of the economies will contract this year or next. In short, the worst is yet to come, and for many people 2023 will feel like a recession, warns a new IMF report.

Global economic growth slows amid gloomy outlook

Global economic growth slows amid gloomy outlook
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