World economy set for weak inflation-plagued recovery, OECD warns
According to OECD, the world economy will only recover slowly from Covid and Russia’s warfare in Ukraine. Continued inflation and monetary policies are among the primary reasons.
By William Horobin, bloomberg news
The global economy is set for a weak recovery from the shocks of Covid and Russia’s war in Ukraine, dogged by persistent inflation and the restrictive policies of major central banks seeking to contain price pressures, the OECD said.
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