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IMF: Prolonged high gas prices could increase inflation

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CitrixNews Staff
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IMF: Prolonged high gas prices could increase inflation

The International Monetary Fund (IMF) warned Thursday that rising energy prices caused by the ongoing conflict with Iran could lead to higher global inflation if prolonged, but it said no nation has yet reached out for emergency financial assistance. IMF communications director Julie Kozack told reporters that the organization was closely monitoring how oil and…

Originally reported by The Hill