The International Monetary Fund (IMF) has warned of interest rate risks with regard to the growing mountain of global debt, which jumped to a record $226 trillion in 2020 as governments unleashed unprecedented waves of stimulus spending to blunt the impact of the pandemic recession. IMF officials said in a Dec. 15 blog post that…
IMF Warns of Interest Rate Risks as Global Debt Surges to Record $226 Trillion
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