Economics
Asia May Fuel World Prices If Costs Keep Rising, IMF’s Rhee Says
- Inflation faster than expected, IMF’s Asia-Pacific chief says
- Rhee says he hasn’t been approached over Bank of Korea job
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Asian countries may start exporting inflation to the world if consumer prices catch up with rising energy costs, adding to global inflationary pressure weighing on growth, the International Monetary Fund’s Asia-Pacific director said.