‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario
- IMF: 8 events in the last 90 days
- Previous: 3 days earlier · Bessent to miss IMF annual meetings in Bangkok
What happened
IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation An International Monetary Fund scenario where global oil prices jump to $US130 a barrel over coming months could push Australian petrol prices up by another 30 cents and pile pressure on the Reserve Bank to hike interest rates, economists say. In its latest World Economic Outlook, the IMF modelled the impac…
Summary assembled by rule from the sources below