Saturday, April 29 — 1 most significant news

Today ChatGPT read 1076 articles and gave 6 of them a significance score over 6.5.

After removing duplicates and repeats, here is today’s most significant news:

[6.9] International Monetary Fund calls on European Central Bank to continue raising interest rates until mid-2024 to combat high inflation. — Reuters

The IMF has urged the European Central Bank to continue raising interest rates until mid-2024 and European Union finance ministers to tighten fiscal policy to combat high inflation. Headline inflation in the eurozone was 6.9% YoY in March, with core inflation at 7.5%. The ECB has raised interest rates from zero in mid-2022 to 3.5% in March, but few expect the tightening to continue beyond 2023. The IMF also called for EU finance ministers to reduce fiscal stimulus and phase out cost of living packages.

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