Rich-world problem of lowflation arrives in EMs4 min read . Updated: 04 Dec 2019, 06:56 AM IST
- Central banks in EMs are cutting rates. They can keep going —but they also face hurdles on their way
- At the IMF, chief economist Gita Gopinath is spearheading work on a new framework of policies that the Fund can recommend to governments
For years, low inflation looked like a classic rich-world problem. Plenty of developing economies now have some version of it too.
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