ABC News – Top stories
·general
·3 hours ago
IMF warns Strait of Hormuz disruptions could spike inflation and slow growth
The International Monetary Fund warned that continued disruptions in the Strait of Hormuz could lead to inflation surging past 6 percent by 2027 and global GDP growth slowing to 2 percent. In its latest report, the IMF outlined worsening scenarios depending on the length of energy supply interruptions amid the ongoing Middle East conflict.
Summary by Glance · ABC News – Top stories
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