Rising GDP means higher inflation and interest rates
Below is an extract from this week’s IMF economic forecast report showing World GDP is set to rise 21% over the next 5 years. This is an average of 4.2%, which is a good 35% higher than the post GFC GDP growth average from 2013-17. So, how can the world’s economy grow by one-fifth in … Continue reading Rising GDP means higher inflation and interest rates
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