IMF says oil prices pose threat to world economy

High oil prices are threatening continued global expansion, the top official of the International Monetary Fund (IMF) told a press conference on Thursday 22 September.

"Oil prices have certainly become a threat for the world economy," Rodrigo Rato, managing director of IMF, said.

While praising solid economic growth globally, Rato pointed to challenges that have to be addressed, such as economic reforms in Europe, more investments in Asia and the US deficit.

Rato noted that some progress had been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.