The multinational investment firm said the possible return of inflation to the "comfort zone" will lead to the pausing of monetary policy tightening by central banks.
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
New Delhi [India], June 21 (ANI): International crude oil prices have come off their recent highs and declined on fears of the possibility of a recession in the global economy following aggressive monetary policy tightening by central banks and the likelihood of weak demand outlook for th