Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
but the legs are kind-of hanging still out," Georgieva told the World Economic Forum when asked if the 'genie' of inflation had been defeated. "We need to push it all the way down."
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.”
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.
WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.