The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but "there is plenty to worry about," including stubborn inflation and rising levels of government debt.
"Inflation is down but not gone," Kristalina Georgieva told reporters at the spring meeting of the IMF and its sister organization, the World Bank. In the United States, she said, "the flipside" of unexpectedly strong economic growth is that it is "taking longer than expected" to bring inflation down.
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Neeraj Chopra strikes gold in his 1st domestic event in 3 years
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Curran, bowlers lead Punjab to five-wicket win over Rajasthan
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Sensex snaps 3-day winning streak, decline by more than 117 points
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India’s exports rise by 1% to 35 billion in April
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Technology for caste certificates
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Climate crisis made crippling April heatwave in South Asia 45 times more likely: Scientists
India, Philippines, Bangladesh others endured record-breaking temp, prompting health warnings
Leaders of Opposition parties shift loyalties to AAP in Punjab
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