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IMF sees inflation as 'significant risk'

Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a "significant risk"

Photo: Bloomberg
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Photo: Bloomberg

Agencies
Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a “significant risk,” but rising prices should moderate gradually in most economies this year, the IMF said on Wednesday.

But longer-term inflation expectations remained generally well-anchored in economies with strong policy frameworks, the global lender said.