IMF chief says growing signs global inflation subsiding

“We see inflation finally trimming down in quite a number of countries,” Georgieva said. — Reuters

NEW YORK: The International Monetary Fund (IMF) sees growing evidence that a global inflation spike that’s triggered a cost-of-living crisis in many countries is subsiding, managing director Kristalina Georgieva says.

“We see inflation finally trimming down in quite a number of countries,” Georgieva told a conference in Dubai.