IMF predicts global economic risks due to inflation and interest rates.

The International Monetary Fund (IMF) has warned that the global economy could experience a "hard landing" if inflation persists. The IMF has urged central banks to be prepared to raise interest rates to combat inflation, which it says is being driven by supply chain disruptions and pent-up demand. The warning comes as the US Federal Reserve is expected to begin tapering its bond-buying programme in the coming months.