just in: world economic news 🌍 - the global economy is navigating choppy waters as inflation rates continue to rise across major markets. the international monetary fund (imf) recently reported that inflation is projected to hit 6.5% by the end of the year, prompting central banks to consider tighter monetary policies. in europe, the european central bank is contemplating a rate hike, while the fed in the u.s. is weighing its options to curb inflation without stifling growth. experts warn that while these measures might stabilize prices, they could also slow down economic recovery. keep an eye on your wallets! 💸