FTSE 100 Live: Stocks to edge up as Trump draws ceasefire doubt
The IMF's managing director, Kristalina Georgieva, warned that the conflict in the Middle East could lead to lower growth and higher inflation globally. The FTSE 100 is expected to edge up despite concerns over a potential ceasefire and the economic impact of the war.
The IMF's managing director, Kristalina Georgieva, warned of lower growth and higher inflation due to the Middle East conflict. The war's impact will vary by country, depending on energy imports and proximity to the conflict. Georgieva predicted severe fuel disruptions for Pacific islands, with ripple effects worldwide. She also warned of food insecurity and inflation. The FTSE 100 is expected to rise despite these concerns.
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