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Lowering forecasts

Lowering forecasts
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First Published: Wed, Sep 21 2011. 01 28 AM IST

Updated: Wed, Sep 21 2011. 01 28 AM IST
The International Monetary Fund has warned of growing downside risks to global growth in its latest World Economic Outlook report. On India, the report says that the central bank should continue with its rate hikes till inflation is brought under control.
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The report notes that inflation pressures, though abating in developed economies, are still relatively elevated in emerging and developing economies.
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First Published: Wed, Sep 21 2011. 01 28 AM IST
More Topics: Inflation | IMF | Economy | World Economy | Growth |