WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva said on Wednesday that central bankers must persevere in the fight against broad-based inflation, acknowledging that many economic Scientists were wrong last year when they predicted that inflation would slow.
“Inflation is stubborn, it’s more widespread than we think,” she said, “which means … we need central banks The governor said that if fiscal and monetary policy works well, the pain may be lessened next year. But if fiscal policy is not well-targeted, it risks becoming “the enemy of monetary policy and fueling inflation.”
