IMF says rising global energy prices pose upside inflation risks to the US
The International Monetary Fund said on Thursday that the outlook for global energy prices created upside risks to U.S. inflation, but added that the near-term risks to activity and unemployment were broadly balanced.
The net effect of higher tariffs and fiscal policy changes for the U.S. current account deficit was a modest decline over the medium-term to around 3.5% of GDP, the fund said.
(Reporting by Kanjyik Ghosh in Barcelona; Editing by Alex Richardson)
