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IMF economic forecast: UK doesn't have 'external engine that it once had' - El-Erian
Posted
April 11, 2023
Views
69,380
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565
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April 11, 2023
69,380
565
255
1.18%
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5:31Now PlayingAs the IMF warned the world's economy is entering a "perilous phase" of low economic growth and high financial risk, Mohamed El-Erian, chief economic adviser at Allianz, has told Sky News, inflation has proven to be much stickier than previously thought.
When asked why the UK is forecasted to be the worst-performing economy in the G7, Mr El-Erian mentioned high energy prices and the limited ability to rely on external partners amid Brexit.
#imf #g7countries #inflation
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