Oil Price Surge Could Lift Global Inflation by 60 bps, Trim 2026 Growth: Gita Gopinath
Global economic stability faces fresh challenges as oil prices surge, with International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath warning that the spike could lift global inflation by 60 basis points (bps) and trim growth in 2026. Her remarks underscore the delicate balance policymakers must maintain between energy markets, inflation control, and growth…