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IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World

IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The International Monetary Fund (IMF) says Australia is on track to have one of the highest inflation rates in the developed world. Australian dollars coins in Melbourne, Australia, on April 4, 2024. AAP Image/Joel Carrett In the latest edition of its World Economic Outlook, the global lender said economies around the world “face repercussions [from] the direct impact of higher commodity prices, indirect second-order effects on inflation expectations—which tend to...
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