Central bankers should continue to tighten monetary policy and politicians should resist pressure to spend public money in a way that could feed inflation, the International Monetary Fund’s Managing Director said Tuesday.
- Paola Tamma
- Politico
“Fighting inflation is the overwhelming priority everywhere,” Kristalina Georgieva said at an event by Bruegel, a Brussels-based think tank, adding that “fiscal policy has to provide cushions for the most vulnerable people … there will be pressure to do more for everybody, and that pressure needs to be resisted.”
The IMF has…