The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages
Get our breaking news email, free app or daily news podcast
The IMF’s latest World Economic Outlook has forced it to admit that things have changed since its previous update in January when it blissfully hoped things would be OK. Now there is mostly darkness and despair.
The IMF’s January report was titled “Steady amid Divergent Forces”; whereas the latest outlook is headlined “Global Economy in the Shadow of War” and begins “the global outlook has abruptly darkened following the outbreak of war in the Middle East on February 28, 2026.”
Continue reading...
