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IMF expects supply-demand imbalances to wane in 2022, easing inflation

By ANI | Published: November 18, 2021 10:25 PM

The International Monetary Fund (IMF) expects supply-demand imbalances will even out in 2022, allowing for inflation to ease, spokesman Gerry Rice told reporters on Thursday.

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The International Monetary Fund (IMF) expects supply-demand imbalances will even out in 2022, allowing for inflation to ease, spokesman Gerry Rice told reporters on Thursday.

"Looking ahead, we expect that supply-demand imbalances will wane next year, and this will help ease inflation pressures," Rice said during a press briefing.

Inflation expectations generally remain anchored in most economies, but continued supply disruptions may change the situation significantly, Rice noted. He called on central banks to be vigilant about the issue.

Speaking of the current state of the economy, Rice noted that inflation pressures have increased in most countries. This was partly anticipated, but in some cases, the situation has become more serious than expected, he added. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: International Monetary FundGerry RiceImf researchNational and global
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