Georgieva (IMF) is confident that inflation is about to peak

MADRID, 7 Nov.

Georgieva (IMF) is confident that inflation is about to peak

MADRID, 7 Nov. (EUROPA PRESS) -

The managing director of the International Monetary Fund, the Bulgarian Kristalina Georgieva, has expressed her confidence that the current cycle of sharp rises in prices is close to its ceiling, although she has warned of the difficulty of returning inflation to levels close to 2 %.

"I'm not going to get ahead of the data, but it's very possible that we are peaking," Georgieva told Bloomberg Television.

"We now see central banks very united in fighting inflation as a top priority and rightly so. If we don't succeed, it will be de-anchored and then the basis for growth, which is price stability, will sink," he said. pointed.

However, the head of the IMF has warned that "it will be more difficult to reduce inflation to the desirable level of around 2%", adding that a diversification of supply chains could exert upward pressure on prices.

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