World Bank’s Malpass says inflation may be peaking in U.S., still ‘daunting’ elsewhere
Written by Black Hot Fire Network on December 1, 2022
NEW YORK, Dec 1 (Reuters) - Inflation may be peaking in the United States, but remains high and 'daunting' in other parts of the world, World Bank Group President David Malpass said on Thursday.
Malpass told the Reuters NEXT conference that the global outlook pointed to slow growth and "stubbornly high" inflation, with a lot of countries facing the risk of recession . . .
