The IMF cited the war in Ukraine as “economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and to add to inflation.” Get your market update from RichardSnowFX here:
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IMF says Russia's war in Ukraine will 'severely set back' global economyThe International Monetary Fund has slashed its expectations for global economic growth over the next two years because of Russia's invasion of Ukraine, comparing the ripple effects from the conflict to an 'earthquake.'
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US Dollar Forecast: Fed Chairman Powell to Speak at IMF MeetingDevelopments coming out of the IMF 2022 Spring Meeting may influence the US Dollar as Chairman Jerome Powell is scheduled to speak at the event. Get your weekly US Dollar forecast from DavidJSong here:
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World Bank Slashes Global Growth Forecast to 3.2% From 4.1%, Citing Ukraine WarThe largest single factor in the reduced growth forecast was a projected economic contraction of 4.1% across Europe and Central Asia.
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Pope makes Easter plea for Ukraine peace, cites nuclear riskPope Francis has made an Easter plea for peace in Ukraine and in other wars in the world.
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