IMF
Audio By Carbonatix
Progress in quelling inflation is more pronounced for advanced economies such as the U.S., while it will take longer for countries in the Middle East and Sub-Saharan Africa, which are still struggling with double-digit price increases, the International Monetary Fund's chief economist said on Tuesday.
Pierre-Olivier Gourinchas also told a news conference that risks of a U.S. recession are now diminished, as the U.S.' strong economic performance is being powered by improvements in productivity and labour supply due to an influx of immigrants.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
JoyNews checks reveal massive destruction of Oda forest reserve as chiefs call for immediate action
9 minutes -
Ghana officially launches e-visa system, scraps visa fees for Africans — Ablakwa
15 minutes -
Abrupt changes to US green card process trigger widespread confusion and anxiety
28 minutes -
‘I’m excited for their future’ – Boye-Hlorkah impressed by Black Maidens after Liberia win
34 minutes -
Uganda’s Ghetto Kids to perform with Shakira at 2026 FIFA World Cup halftime show
36 minutes -
Senegal president’s dissolution of government signals high-stakes pivot to IMF
42 minutes -
Senegal’s leadership row mounts as parliament speaker resigns
48 minutes -
Respect rule of law, protect rights to safeguard democracy — Abu Jinapor
49 minutes -
Clashes as Venezuelan prisoners protest over alleged mistreatment
50 minutes -
My mission is to rebuild NPP around its founding values — Richard Ahiagbah
52 minutes -
Indian billionaires buy foreign companies as growth slows at home
54 minutes -
We’ll support 24-hour economy if it is properly structured — Baffour Awuah
1 hour -
Kenya police shake up president’s protection team after security breach
1 hour -
2026 World Cup: Lamine Yamal leads Spain squad for tournament
1 hour -
At least 19 people taken to hospital after ‘strong smell’ reported at Tokyo mall
1 hour