IMF's Krueger on the pursuit of stability & growth

In the speech 'A "continuous adventure": The pursuit of stability and growth in modern economies' given on 30 January Anne Krueger of the IMF said low inflation is a vital element in any macroeconomic framework, and much progress has been made.

"The progress we have seen worldwide in lowering inflation rates has underlined the benefits this brings. Sound fiscal policies are an essential accompaniment to well-run monetary policy. But macroeconomic stability has to be accompanied by wide-ranging

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