Lagarde says rising trade tensions will weigh on growth, pressure inflation

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Lagarde says rising trade tensions will weigh on growth, pressure inflation"


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"By contrast, if trade tensions were resolved with a benign outcome, growth and, to a lesser extent, inflation would be higher than in the baseline projections," she said in a


press statement from the central bank. But it wasn't all gloom. "The concerns that increased uncertainty and a volatile market response to the trade tensions in April would have a


tightening impact on financing conditions have eased," she said.


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