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
-
Fifa scraps controversial World Cup investment plan
4 hours -
WAFCON 2026: South Africa fight back to earn dramatic draw against Côte d’Ivoire
4 hours -
We should not over-commercialise football – Eric Alagidede
4 hours -
GFA should reject FIFA’s World Cup sale proposal – Eric Alagidede
4 hours -
Ghanaian woman jailed 5 years in US for $1.6million romance scam
4 hours -
Parliament passes Energy Sector Levies Amendment Bill to tighten fuel subsidy regime
5 hours -
Unique by Design project launched to promote disability inclusion in Ghana’s fashion industry
7 hours -
Joseph Paul Amoah finishes seventh in Commonwealth Games 200m final
7 hours -
Mahama urges Dagbon Regent to preserve peace and continue late Ya-Na’s development legacy
7 hours -
RANA asks Parliament to restrict MP Yakubu Mohammed child engagements until safeguarding training is completed
7 hours -
Rights group warns against exposing schoolgirl to fallout from MP’s comment
7 hours -
Family of Bukom crash victim visits Gender Minister ahead of funeral
7 hours -
An apology is not a safeguarding policy – RANA demands Parliament’s action over MP’s comment to schoolgirl
7 hours -
Prince Adu-Owusu: The August that changed everything
8 hours -
Ato Forson announces ‘New Economy’ policy for 2027 budget, promises shift to growth-focused spending
8 hours