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Wednesday, May 6, 2026

‘Real Danger’ Of Global Recession Intensifies As Rate Hikes Threaten $4 Trillion In Economic Losses, World Bank Warns

Ahead of a meeting between global finance heads, leaders of the World Bank and International Monetary Fund warned of a growing risk of an economic slowdown next year as central banks around the world work to fight stubbornly high inflation—highlighting the uphill battle policymakers are facing to …

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