Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
The biggest threat to the world economy in the next year is the prospect that inflation turns out to be persistent, former Swiss central bank chief Philipp Hildebrand said.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
The annual gathering in the Swiss ski resort had a complicated geopolitical backdrop this year.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director Kristalina Georgieva said in Davos.
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world's biggest sovereign wealth fund, said Tuesday.