The IMF is predicting more pain for global stocks as central banks tighten monetary policy

2022-01-28 09:26:00 AM

The IMF is predicting more pain for global stocks as central banks tighten monetary policy

The IMF is predicting more pain for global stocks as central banks tighten monetary policy

'We could certainly see further tightening of financial conditions,' the IMF told CNBC. 'Risk assets such as equities could sell off further.'

facebookemailGetty ImagesThe IMF is predicting more pain for global stocks as central banks around the world tighten their monetary policies."Risk assets such as equities could sell off further," an IMF official told CNBC. The Fed on Wednesday indicated hawkish plans for rate hikes this year to tame inflation.

For more stories visit Business Insider.The International Monetary Fund is predicting more pain for global stocks as central banks around the world tighten their monetary policies to curb rising inflation. Less accommodative policies would come as the global economy enters 2022 in a"weaker position than previously expected" on the back of a still ravaging Covid-19 pandemic, the IMF warned in a

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