Supply Disruptions Add to Inflation, Undermine Recovery in Europe

 
Kristalina Georgieva is Managing Director of the International Monetary Fund (IMF), Oya Celasun is Assistant Director in the European Department and leads the surveillance of the German economy, and Alfred Kammer is the Director of the European Department at the IMF. 
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With supply constraints likely to persist, the challenge for policymakers is to support recovery without allowing high inflation to become entrenched….
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