IMF's Georgieva on Warsh's Speech, 'Stubborn' Inflation
IMF Managing Director Kristalina Georgieva says Federal Reserve Chairman Kevin Warsh "did a great job" in his Jackson Hole speech.
Speaking with Bloomberg's Lisa Abramowicz on "Bloomberg The Close." Georgieva also discusses recent inflation pressures and whether they reflect central bank failure or other forces. (Source: Bloomberg)
Warsh signals possible rate hikes
- Warsh says Fed will have ‘work to do’ if inflation does not fall soon Financial Times —
- Fed Chair Warsh says US inflation is still too high and opens the door to rate hikes in fight against elevated prices The Philadelphia Inquirer —
- Fed chair Warsh, concerned about inflation, says bank ‘has more work to do’ The Philadelphia Inquirer —
- Rate hikes may be coming amid inflation, new U.S. Fed chief signals Global News —