Economics

World Faces Growth, Inflation Trade-Off, Singapore’s Wong Says

Lawrence Wong in Sept. 2021.Photographer: Bryan van der Beek/Bloomberg

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By Lilian Karunungan

April 19, 2022 at 1:13 AM UTC

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The world is facing a sharper trade-off between economic growth and inflation, with price pressures almost certain to last longer, Singapore Finance Minister Lawrence Wong said in a speech in Washington.