US recession would be ‘necessary price’ to defeat inflation, says IMF chiefon June 25, 2022 at 6:26 am on June 25, 2022 at 6:26 am

With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of a downturn, IMF Managing Director Kristalina Georgieva said Friday.With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of a downturn, IMF Managing Director Kristalina Georgieva said Friday.Read More

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