IMF. Portuguese “small deficit” will be 0.1% this year, but inflation will have one of the biggest increases in the euro

Pierre-Olivier Gourinchas, chief economist at the IMF. Washington, April 14, 2026.Photo: JIM LO SCALZO / EPA

Background traces gloomy scenery. He says that the world is already facing an economic shock and, if the war does not end, a very serious crisis will come. Asks central banks to withstand interest rate increases as long as they can

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