PANews|Oct 13, 2026 04:45
[IMF Chief Economist: Inflation Risks Persist, Central Banks Should Continue Focusing on Price Stability]
Silvana Tenreyro, Chief Economist of the International Monetary Fund (IMF), stated that with inflation risks still present, monetary policy should remain firmly focused on maintaining price stability. She emphasized that central banks need to maintain sufficiently tight policy stances to promptly bring inflation back to target levels and prevent second-round inflation effects.
Tenreyro noted that the transmission of rising commodity prices to core inflation is currently under control, but policymakers must remain vigilant. She added that if rising commodity prices and factors related to technological investments further intensify inflationary pressures, central banks would need to tighten monetary policy further.
Tenreyro remarked, "The appropriate policy stance will vary across countries, but the goal is consistent: ensuring price stability. Central bank independence remains crucial to achieving this objective.
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