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IMF cuts global economic growth forecast over Ukraine and inflation
Owen Fairclough

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01:43

The International Monetary Fund on Tuesday downgraded global economic growth for a second time this year.

It shaved nearly a whole percentage point off predictions that just months ago forecast robust post-pandemic expansion.

And if the Russia-Ukraine conflict, and inflation, are the main reasons for the downgrade, the IMF is now concerned about how carefully policymakers can tame price rises.

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