IMF sees larger slowdown for China, Asia stagflation

25 April 2022

IMF: Asian region faces stagflationary outlook with growth being lower than previously expected and inflation being higherLarger-than-expected slowdown in China due to prolonged or more widespread lockdowns, longer-than-expected slump in the property market, constitutes significant risk for AsiaMonetary tightening will be needed in most countries, with speed of tightening depending on domestic inflation developments and external pressuresdespite the recent uptick inflation remains subdued in Japan, allowing the Bank of Japan to more accommodative than the Federal Reserve and European Central Bank  remarks come from  IMF Asia And Pacific Department Acting Director Gulde-Wolf, via Reuters headlines