World Bank issues warnings on interest rates and inflation

After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative newsFinancial markets are complacent about the risks of sharply higher interest rates that could be triggered by better than expected growth in the global economy this year, the World Bank has warned.The Washington-based organisation said that much of the rich west was running at full capacity as a result of a broad-based upswing in activity, but were now vulnerable to a per