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Treasurer warns of 'dangerous time for the global economy'

Published 3 weeks, 5 days ago
Description

The International Monetary Fund has warned of significant pressure on the global economy and inflation if the war between the US and Iran is prolonged.

Its worst-case scenario would see a global recession; inflation as high as six per cent and elevated fuel prices all the way through 2027.

  • GUEST: Jim Chalmers, Treasurer 
  • PRODUCER: Isadora Bogle 
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