IMF warns central banks to watch inflation | Bangkok Post: news

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IMF warns central banks to watch inflation

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The International Monetary Fund on Tuesday warned central banks to keep an eye on inflation and resist political pressure to focus policy only on lowering unemployment. 

Head of the International Monetary Fund (IMF)Christine Lagarde at the World Economic Forum in Davos on January 25, 2013. The IMF has warned central banks to keep an eye on inflation and resist political pressure to focus policy only on lowering unemployment.

With many governments desperate to find ways to generate jobs, the IMF said, it is ever more important for central banks to assert their independence to keep an eye on all potential problems in the economy -- whether growth, prices, or jobs.

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