The growth rate of countries around the world has been declining due to the large-scale expansion of Omicron. Following this, the US Federal Reserve planned to raise their interest rates. In this case, the IMF’s warning.
International Monitoring Fund warns of economic challenges posed by Kovid variant Omicron to developed countries. The International Monetary Fund (IMF) has said that the global financial crisis will be exacerbated by the rising tide of Omicron.
Russia, Brazil and South Africa have all begun raising interest rates since the Omicron expansion. This was due to concerns over foreign funds and rising prices. The IMF will release updated economic forecast data on January 25.
The growth rate of countries around the world has been declining due to the large-scale expansion of Omicron. Following this, the US Federal Reserve planned to raise their interest rates. In this case, the IMF’s warning.