IMF Predicts Five More Years of High Interest Rates for Britain

The latest IMF economy growth projections for the G7 countries in 2024 place Britain at the bottom of the list.

International Monetary Fund headquarters in Washington, on Aug. 4, 2023. Madalina Vasiliu/The Epoch Times

Britons will suffer from five more years of high interest rates that fuel price growth, according to the International Monetary Fund (IMF).

The United States, Japan, Germany, France, Italy, the United Kingdom, and Canada are the seven largest Western economies in terms of GDP based on market exchange rates, referred to as G7.