The appointment of the traditional spring forecasts of the International Monetary Fund (IMF) was particularly awaited this year. And observers were not disappointed by the announcements made on April 19 in Washington by the international organization. After the Covid, the post-Covid, the services of the Frenchman Pierre-Olivier Gourinchas, chief economist of the institution for a few months, have ground the consequences of the war in Ukraine.
Amplified Global Slowdown
“New sanctions targeting the Russian energy sector, a widening of the armed conflict, a more marked deceleration than anticipated in China or a resurgence of the pandemic could accentuate the global slowdown while amplifying inflation”, explains in particular the IMF stressing that soaring prices “threaten to trigger social unrest in emerging and developing countries.”
Inflation at 2% in 2023 in the euro zone
Source: Challenges en temps réel : accueil by www.challenges.fr.
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