International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday that central bankers must be stubborn in fighting broad-based inflation, as reported by Reuters.
“If fiscal policy is not targeted sufficiently, it may become the enemy of the monetary policy, fueling inflation,” Georgieva further added.
These comments do not seem to be having a significant impact on risk mood. As of writing, the S&P 500 Index was up 0.3% and the Nasdaq Composite Index was rising 0.5% on a daily basis.
Home / Market Update / Global Stock Market / IMF’s Georgieva: Central bankers must be stubborn in fighting inflation
Tags IMF inflation Kristalina Georgieva S&P 500
Check Also
Oil Prices Edge Higher Amid Cooling Inflation and Supply Resumptions
Oil prices began the week on a positive note, bolstered by data showing cooling U.S. …