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Tuesday 24 May 2022 3:28 pm  |  Updated:  Tuesday 24 May 2022 4:11 pm

IMF warns inflation is a ‘clear and present danger’ and is here to stay

By: Michiel Willems

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IMF chief economist Gita Gopinath

IMF First Deputy Managing Director Gita Gopinath has said that inflation “will remain significantly above central bank targets for a while.”

She added: “It is very important for central bankers around the world to deal with inflation as a clear and present danger, that is something they need to deal with in a very forceful manner”.

Watch the full video report.

[brid video=”1018190″ player=”24372″ title=”IMF%20Inflation%20a%20’clear%20and%20present%20danger'” duration=”79″ description=”IMF First Deputy Managing Director Gita Gopinath told Reuters on Monday (May 23) that inflation “will remain significantly above central bank targets for a while”, adding: “It is very important for central bankers around the world to deal with inflation as a clear and present danger, that is something they need to deal with in a very forceful manner”.” uploaddate=”2022-05-24″ thumbnailurl=”https://cdn.brid.tv/live/partners/18445/snapshot/1018190_th_1653365105.jpg” contentUrl=”//cdn.brid.tv/live/partners/18445/sd/1018190.mp4″ width=”16″ height=”9″]

Read more

IMF warns Bank of England against cutting interest rates

IMF Chief Kristalina Georgieva issues caution to Bank of England amid economic concerns

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