{"id":606473,"date":"2026-04-14T15:19:12","date_gmt":"2026-04-14T15:19:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/606473\/"},"modified":"2026-04-14T15:19:12","modified_gmt":"2026-04-14T15:19:12","slug":"imf-warns-australian-government-against-cost-of-living-relief-amid-global-recession-fears","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/606473\/","title":{"rendered":"IMF warns Australian government against cost-of-living relief amid global recession fears"},"content":{"rendered":"<p>The International Monetary Fund has urged the Albanese government to avoid untargeted cost-of-living relief measures which fuel inflation as it warned a prolonged closure of the Strait of Hormuz could plunge the global economy into its third recession this century.<\/p>\n<p>The warning, issued in the IMF\u2019s new global economic report, came as Treasurer Jim Chalmers flew out to Washington for talks with US Treasury Secretary Scott Bessent and other finance ministers at the Group of 20 and IMF meetings.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The International Monetary Fund has urged the Albanese government to avoid untargeted cost-of-living relief measures which fuel inflation&hellip;\n","protected":false},"author":2,"featured_media":606474,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":{"0":"post-606473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-au","9":"tag-australia","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/606473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=606473"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/606473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/606474"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=606473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=606473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=606473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}