D-St indices tank on fears of bigger Fed rate hike - Business News: Latest News & Videos about market and economy | Trendmergers

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D-St indices tank on fears of bigger Fed rate hike

World Bank chief economist Indermit Gill said Thursday he was concerned about "generalised stagflation", a period of low growth and high inflation, in the global economy, according to Reuters. The IMF said downside risks continue to dominate the economic outlook but it was too early to say if there will be a widespread global recession.

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