News in Review Wednesday 3rd August 2022 - HCR IFA
News in Review Wednesday 3rd August 2022

News in Review Wednesday 3rd August 2022

Last week saw the International Monetary Fund (IMF) release its latest economic assessment and forecast for the global economy. Following the effects of the pandemic and Russia’s invasion of Ukraine, the IMF now expects growth to slow to 3.2% in 2022, a downgrade of 0.4 percentage points from its previous publication in April.