(Bloomberg) –The International Monetary Fund cut its global growth forecast and stressed that economies are becoming increasingly vulnerable to monetary policy missteps that compound headwinds from the war in Ukraine and sluggishness in China.
A widely followed gauge of underlying consumer prices in the US accelerated to a 40-year high. Persistent inflation is raising prospects the Federal Reserve will adhere to a stout monetary policy strategy, fueling a surge in the dollar that has economic and financial repercussions for the rest of the world.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:
World
BloombergThe IMF warned of a worsening outlook for the global economy, cutting its forecast for global growth next year to 2.7%, from 2.9% seen in July, adding that it sees a 25% probability that growth will slow to less than 2%. The risk of policy miscalculation…
