The General Director Of Imf Reassured In Front Of Inflation To Lose Control

Director of the International Monetary Fund (IMF) Kristalina Georgieva on October 17, said the global financial officials are worried about the increase in inflation pressure and a little fear of 'loss of control', however , she affirmed: 'Nothing is worrisome about the risk of losing control'.0: 00/2: 07 Southern international director of the International Monetary Fund (IMF) Kristalina Georgieva. Photo: AFP / TTXVN Speaking at the Central Bank of Central Bank consultation on international economic and monetary issues (G30), Ms. Georgieva said: "We are in an increasingly environmental environment More uncertainty, however, in developed economies, policy makers "have tools to deal with inflation". When the supply chain is increasingly blocked due to the need to go back, the Policy makers have focused on paying attention to increasing prices and whether they will last or disappear in the coming months

. Ms. Georgieva said the Finance Ministers and the Central Bank governor attended the annual IMF meetings and the World Bank (WB) in Washington last week expressed more concerns first, that prices increased yes It is not only the time. The big emerging markets like Russia and Mexico have raised interest rates, showing that "in these places, their policymakers are enough to be anxious to act
" In the world's largest economy, the world The US Federal Reserve official (FED) has signaled that it will begin withdrawing stimulation by reducing bond purchases at the end of the year, but the standard interest rate is expected to remain at 0 and does not increase until the end In 2022. About our part, the British Central Bank (BOE) still remains the same measures, but there are signs of disagreement in the most recent policy meeting, when two of the Commission Making interest rates of this bank voted to stop stimulating bonds as soon as possible to prevent non-code inflation. Boe Andrew Bailey governor said the central bank faced a "very difficult balance action" because they could not solve the basic supply shocks with monetary policy, which must respond With what is happening in the economy. Attending the G30 Conference, Mr. Bailey argues that the non-action to curb inflation risks to reduce the reputation against inflation by central banks. He affirmed: "We have to maintain the tremendous progress we have achieved regarding the reliability of monetary policies. This is definitely very important." Quang Quang (VNA)

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