Global economy 'nowhere close' to stagflation: IMF chief economist

Downside risks persist, but economic growth still resilient, says Gopinath

20211014N IMF Gita Gopinath (REUTERS)

International Monetary Fund Chief Economist Gita Gopinath says inflationary pressures will mostly normalize by next year. © Reuters

MASAHIRO OKOSHI, Nikkei staff writer

WASHINGTON -- The International Monetary Fund recently trimmed this year's global economic forecast as supply chain disruptions and inflation weigh down the recovery from the coronavirus pandemic.

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