Iran conflict could drive global inflation higher – IMF chief
Georgieva urges policy-makers to think ‘the unthinkable and prepare for it’
The International Monetary Fund’s managing director has warned that the conflict in the Middle East could place new demands on policy-makers over the coming year.
In a speech today (March 9) at the Japanese Ministry of Finance in Tokyo, Kristalina Georgieva said that if the conflict were protracted, this would have “clear and obvious potential to affect market sentiment, growth and inflation”.
She said global inflation could increase if the rise in oil prices is sustained throughout the year. A
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