Federal Reserve Chairman Jerome Powell warns a CNBC IMF Spring Meeting panel that the pandemic will leave permanent scarring on the global jobs market but that an inflation hike will only be temporary. Vaccine access and recovery trajectories are also dominating the discussion. IMF managing director Kristalina Georgieva says that poorer countries must not be left behind. Australia acknowledges the rare blood clot cases recently associated with the AstraZeneca dose but stops short of an outright ban while revising its rollout and procurement strategies. In China, factory gate prices see their highest jump in two years. In tech news, Tencent-backed fintech company Linklogis leaps on its Hong Kong market debut, promising international expansion.

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