IMF to issue downbeat outlook as spectre of stagflation looms

Fund set for a gloomy annual meeting as supply chain issues and inflationary pressures hobble global recovery Weaker global growth, vaccine protectionism and the spectre of 1970s-style inflation haunting large economies. As the International Monetary Fund prepares for its annual gathering this week, the contrast with the spring could not be more stark. Back in April, at the Washington-based fund's last virtual bash, there were sharp upgrades for global growth amid a sense of optimism for the roa...