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

IMF chief urges world to avoid a 'second Cold War'
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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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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