
IMF upgrades UK growth outlook but warns interest 'likely' to rise more
The prospect of the UK avoiding a recession is, of course, something to celebrate. The IMF’s view on the stubbornness of inflation is less welcome.
The prospect of the UK avoiding a recession is, of course, something to celebrate. The IMF’s view on the stubbornness of inflation is less welcome.
It comes despite the IMF upgrading the UK's economic outlook.
Overall the IMF believes the world is in a stronger position than it was a few months ago, except for the UK.