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Central banks must ‘stay the course’ on inflation fight: IMF chief

IMF Cuts China Growth Forecasts For 2022, 2023
Source: Video Screenshot

IMF chief Kristalina Georgieva said Thursday that central banks must “stay the course” in their battle against rising inflation, even amid the growing risks of recession worldwide.

Inflation remains “still stubborn, still persistent,” Georgieva told AFP in an interview.

“The risk of doing not enough is bigger than the risk of doing too much,” she said.

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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