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High inflation, Chinese slowdown - OECD slashes global economic growth forecasts


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The OECD is warning that persistent inflation remains a major risk to the global economy along with deepening concerns about China's property market.
The Paris-based think tank has also confirmed tepid growth in Australia over the next year in line with a global slowdown, while warning that rebounding inflation would almost certainly more more interest rates rate.
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Peter Ryan_ABC News SoundcloudBy Peter Ryan