Episode Details

The International Monetary Fund has released a report warning of a potential third global recession this century, following the global financial crisis and COVID-19 pandemic. The IMF cautions governments, including Australia, against broad fiscal stimulus and cost-of-living relief measures, stating such spending could complicate central banks' efforts to control inflation through interest rate adjustments. Australian Treasurer Jim Chalmers is travelling to Washington, D.C. to meet with Trump administration officials ahead of May's budget.

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