Inflation, Georgieva (IMF): We are in a better position, but we cannot lower our guard

Inflation Georgieva IMF We are in a better position but

(Finance) – The director of the International Monetary Fund, Kristalina Georgievasaid that despite all the monetary tightening that has been put in place, “we have seen that inflation has remained persistently high throughout the year. But if we jump today we are clearly in a better situation: theinflation has dropped significantly and has reached or is close to goals in many economies”https://www.Finance.it/DettaglioNews/217_2024-09-20_TLB/.”We are in a better position, but we cannot let our guard down”.

Opening the annual reading ceremony in honor of the former director Michael Camdessuswhich this year is held by the President of the ECB, Christine LagardeGeorgieva continued by recalling that “in many countries inflation persists in services and overall inflation could rise again.”

“Secondly,” he continued, “in a context with more numerous shocks, we simply do not know which ones surprises are hiding around the corner”https://www.Finance.it/DettaglioNews/217_2024-09-20_TLB/.”It has now become clear that the banks power plants they have to look beyond the horizon.” In any case, “we can be reasonably confident in the fight against inflation,” Georgieva summed up.

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