IMF cuts global growth forecast to 3.0%

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IMF cuts global growth forecast to 3.0%

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The IMF has revised the global economic growth forecast down to 3.0%, citing concerns about potential renewed conflicts in the Middle East that could disrupt commodity prices and supply chains, potentially impacting financial stability.

The report warned that the possibility of renewed Middle East conflict looms large and could extend commodity price volatility, further threaten supply chains, raise prices, and weigh on financial conditions. The post IMF cuts global growth forecast to 3.0% appeared first on Premium Times Nigeria.

World Security Conflict Politics Markets Commodities IMF global growth Middle East conflict commodity prices supply chains financial conditions

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