World News | IMF Expects Supply-demand Imbalances to Wane in 2022, Easing Inflation

Get latest articles and stories on World at LatestLY. 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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Washington [US], November 18 (ANI/Sputnik): 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.

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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)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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