The International Monetary Fund cautioned Thursday about the fragile situation of the global economy, high inflation, and increasing fragmentation ahead of the G20 meeting.
"Global headline inflation seems to have peaked, and core inflation has eased somewhat, particularly in India. But in most G20 countries—especially advanced economies—inflation remains well above central banks' targets," the IMF said.
Reflecting on the matter, the IMF noted that the situation calls for maintaining the monetary policy course until inflation is lowered to target in a sustainable form while keeping a close eye on financial risks.
