IMF Warns of Upside Inflation Risks, Danger of Too Much Government Spending

By Tom Ozimek The International Monetary Fund (IMF) issued a warning about a jump in upside risks to inflation, driven by elevated service-sector costs and exacerbated by too much government spending and the forces of deglobalization, which could prompt the U.S. central bank to hold interest rates higher for longer and so dim prospects for […]