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‘Substantial’ Risk That High Inflation Becomes Entrenched, Expectations De-Anchored: IMF


With inflation climbing to multi-decade highs and price pressures broadening out, the International Monetary Fund (IMF) has warned that there's now a "substantial risk" that high inflation becomes a more permanent fixture and that expectations around future rates of inflation could become unmoored and drive a wage-price spiral.
Posted: 2022-08-05 08:44:24.000000

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