The risk of a 'hard landing' for the world economy has 'risen sharply,' IMF warns as it slashes global growth outlook
“Inflation is much stickier than anticipated even a few months ago," chief economist Pierre-Olivier Gourinchas wrote in the World Economic Outlook.
![The risk of a 'hard landing' for the world economy has 'risen sharply,' IMF warns as it slashes global growth outlook](https://content.fortune.com/wp-content/uploads/2023/04/AP23100726460092-e1681219005538.jpg?w=2048#)