IMF sees larger slowdown for China, Asia stagflation

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IMF sees larger slowdown for China, Asia stagflation

IMF:







Asian region faces stagflationary outlook with growth being lower
than previously expected and inflation being higherLarger-than-expected
slowdown in China due to prolonged or more widespread lockdowns,
longer-than-expected slump in the property market, constitutes
significant risk for AsiaMonetary tightening
will be needed in most countries, with speed of tightening depending
on domestic inflation developments and external pressuresdespite the recent uptick inflation remains subdued in Japan, allowing the Bank of Japan to more accommodative than the Federal Reserve and European Central Bank 

remarks come from 







IMF Asia And Pacific Department Acting Director Gulde-Wolf, via Reuters headlines

Source: IMF sees larger slowdown for China, Asia stagflation

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