IMF Cuts Global GDP, Raises Inflation Outlook, Warns "World Teetering On Edge Of Recession"

"The IMF slashed its global growth forecasts for the third quarter in a row, while raising its
projections for inflation (i.e., stagflation is here), warning that the risks to the economic outlook are “overwhelmingly tilted to the downside” and that the world "may soon be teetering on the edge" of recession." ZH