Global Inflation Risks have reemerged as major threat to the world economy says IMF
May 9th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global inflation risks have reemerged as major threat to the world economy according to the IMF. The prospect for continued relatively strong growth in emerging and developing economies suggests that demand growth for energy and commodities will remain solid, even as global growth is slowing, IMF First Deputy Managing Director John Lipsky said on Thursday.