Region - IMF warns of inflation and slowing growth

The IMF maintains the more flexible posture it adopted during the pandemic, but that may not be enough for some countries to escape default.

The IMF published a blog post about slowing growth and high inflation in Latin America. They also held a conference call on the same subject.

One of the main takeaways is that countries should be providing additional social safety nets. Slowing growth and high inflation hit the poor more severely than they hit the wealthy in Latin America.

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