Finance

World inflation not fully defeated yet, IMF's Georgieva says

Published by Global Banking & Finance Review

Posted on January 24, 2025

1 min read

· Last updated: January 27, 2026

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Kristalina Georgieva discusses ongoing inflation challenges at the World Economic Forum - Global Banking & Finance Review
Kristalina Georgieva, IMF Managing Director, addresses inflation concerns during the World Economic Forum in Davos, emphasizing the ongoing struggle against global inflation.
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(Reuters) - Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director

IMF's Georgieva: Inflation Battle Not Over Yet

(Reuters) - Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director Kristalina Georgieva said in Davos.

"The head of the genie is in the bottle, most of the body of the genie is in the bottle, kind of getting stuck there, but the legs are kind-of hanging still out," Georgieva told the World Economic Forum when asked if the 'genie' of inflation had been defeated. "We need to push it all the way down."

(Reporting by Balazs Koranyi; Editing by Kevin Liffey)

Key Takeaways

  • IMF's Georgieva states inflation is not fully controlled.
  • Global policymakers have made progress without causing recession.
  • Georgieva uses 'genie in the bottle' metaphor for inflation.
  • Further efforts are needed to fully defeat inflation.
  • The discussion took place at the World Economic Forum.

Frequently Asked Questions

What is the main topic?
The main topic is the ongoing efforts to control global inflation as discussed by IMF's Kristalina Georgieva.
What metaphor did Georgieva use?
Georgieva used the 'genie in the bottle' metaphor to describe the current state of inflation control.
Where was the discussion held?
The discussion took place at the World Economic Forum in Davos.

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