20:02Dec 03, 2021Reuters

IMF's Georgieva: U.S. needs to address inflation, but not everyone does

International Monetary Fund Managing Director Kristalina Georgieva on Friday told the Reuters Next conference that U.S. policymakers need to take steps to address the high rate of inflation but that such hefty price pressures are not being observed universally around the world, allowing other economies to change policy at their own pace.

Georgieva said the strength of the U.S. economy has positive spillover effects around the world even as it raises the risks that other countries may have to respond with interest rate increases if the Federal Reserve reduces its accommodative policy stance in the months ahead, as most now expect.