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Asian Open: IMF slash global growth forecasts, gold enters correction

Citing Western sanction on Russia and ‘higher for longer inflation”, the IMF cut global growth by -0.8 percentage points for 2022.

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Asian Open: IMF Trim Global Growth Expectations for 2021

Bond markets continued to price in concerns of stagflation overnight, with yields at the long-end of the curve falling as the IMF trimmed their growth forecasts.

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