The International Monetary Fund says Britain faces a “sobering” economic outlook for 2023, as the country experiences a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. “The announced fiscal plan navigates well the difficult tradeoff between fighting inflation and ...
Europe is going up against a very challenging winter this year; however, the next one will be even worse, International Monetary Fund (IMF) Chief Economist Pierre Olivier Gourinchas said Tuesday as Europe is up against the ropes in terms of energy prices. “Winter 2022 will be challenging, but winter 2023 ...