IMF: It will take time for energy and commodity prices to return to normal after the US-Iran agreement

IMF spokesperson Julie Kozack stated at a press conference that the organization will decide whether to continue using the three economic growth forecast scenarios, which were proposed in April and depend on the outcome of the Iran war, when it releases the World Economic Outlook update report on July 8. Kozack said that with some central banks taking interest rate hike measures, inflation expectations have been effectively anchored; meanwhile, financial conditions remain loose, and both developed countries and emerging markets are able to access international financing markets. Show more