Global Financial Stability: Navigating the High-Inflation Environment
IMF Podcasts
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Is the Fed Tightening a Good Idea?
Price stability is a crucial prerequisite for sustaining close economic growth. Advanced economies have started hiking late last year, but they have accelerated. We've seen emerging markets starting to tighten monetary policy in 2021. I think if both central banks act restably to try to bring inflation down back to target, hopefully there will be less hiking that is nearly globally.
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