IMF chief warns of 'much worse outcome' if war drags into 2027
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Source: The Korea Herald
Published: 2026-05-05 11:40 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Energy, Economy & Finance, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel.
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