IMF stresses inflation risks may rise further

Tobias Adrian
Tobias Adrian
Photo: John Harrington

Inflation risks may become more entrenched in the months ahead, says the International Monetary Fund in a note published on August 1.

In that case, central banks will need to be more resolute in their focus to restore price stability, argue authors Tobias Adrian, director of the IMF’s monetary and capital markets department, and Christopher Erceg and Fabio Natalucci, deputy directors of the same department.

The authors add the monetary tightening underway in most jurisdictions could be

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