WASHINGTON—The head of the International Monetary Fund said on Thursday it was “too early” to say if the world was facing a period of sustained inflation, but warned that failure to make economies more resilient to future shocks could lead to big problems.
IMF Managing Director Kristalina Georgieva told reporters that global policymakers need to carefully calibrate their fiscal and monetary policies in 2022 to ensure that widespread withdrawal of COVID-19 support funds and rising interest rates did not undermine the recovery.
