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High crude prices new risk to global financial stability: RBI
The Morning Standard
|September 19, 2023
GLOBAL growth is expected to face a potential slowdown in 2024, following a year of better-than-expected performance in 2023, the Reserve Bank of India (RBI) said on Monday in its monthly bulletin.
The report also flagged the high crude oil price (above $90 a barrel) a potential risk to global financial stability.
The report pointed out that the possibility of inflation persisting above target levels and higher neutral interest rates may force central banks to maintain disinflationary approaches well into 2024.
Diese Geschichte stammt aus der September 19, 2023-Ausgabe von The Morning Standard.
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