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IMF warns inflation could “become more sticky” in some parts of world -Breaking

by Mike Robinson

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WASHINGTON, (Reuters) – Inflation may “become more stubborn” in certain parts of the globe if there are continued supply chain disruptions or de-anchored inflation expectations, warned the International Monetary Fund on Thursday.

According to Gerry Rice of the IMF spokesperson, though inflation in America is likely to fall, it will still be the most populous economy on the planet, according to a daily briefing.

He said that “continued high U.S. inflation may require a more frontloaded policy response which would pose systemic downsides for both the U.S. economy and the global one.”

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