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Central banks must balance energy inflation with demand softening, IMF's Georgieva says
Central bankers must be prepared to tighten monetary policy to avoid an inflationary spiral if war-driven energy price shocks are sustained, but also need to watch for a softening of demand that would argue against rate hikes, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday.
Central bankers must be prepared to tighten monetary policy to avoid an inflationary spiral if war-driven energy price shocks are sustained, but also need to watch for a softening of demand that would argue against rate hikes, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday.