Manage Inflation Expectations For Economic Soft Landing, IMF Urges Central Banks

The International Monetary Fund (IMF) has charged Central Banks to better manage inflation expectations to help economies achieve a softer landing.

In its recent report, authored by Silvia Albrizio , John Bluedorn , Allan Dizioli, Christoffer Koch, and Philippe Wingender, with support from Yaniv Cohen, Pedro Simon, and Isaac Warren, the IMF said expectations increasingly drive inflation dynamics.

Inflation around the world reached multi-decade highs last year. While headline inflation is decreasing steadily, core measuresexcluding food and energyare proving stickier in many economies and wage growth has picked up, the report noted. Such interventions complement more traditional monetary policy tightening actions, which will remain key to bringing inflation back to target promptly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LeadershipNGA /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microfinance Banks Promote Financial Literacy Among StudentsThe National Association of Microfinance Banks (NAMB), FCT Chapter, encourages students to save and invest.
Read more »

West, Central Africa Challenge: Team Nigeria relishes ‘great start’ to title defenceThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »

Anger Suppression And Its Impact On The BrainWhat are the consequences of anger suppression on our brains, and how can we learn to manage it for the sake of our mental health? This
Read more »

Esan Monarch, Residents Decry Vandalism As Community Reels In DarknessThe traditional ruler and residents of Ugbegun Esan Central local government area of Edo State have decried the alleged\u00a0 vandalism of facilities at the Benin
Read more »

Gov Abdulrazaq seeks immediate dredging of Rivers Niger, BenueGovernor AbdulRahman AbdulRazaq of Kwara State has once again urged the Federal Government to expedite the dredging of the Rivers Niger and Benue to mitigate annual flooding and human losses along their banks and tributaries, as well as promote food security. Speaking at the Government House in Ilorin while receiving a delegation of top officials
Read more »