Kristalina Georgieva, the executive director of the International Monetary Fund (IMF), stated that global inflation has decreased from 14% in 2022 to below 4% in 2024. Meanwhile, the European Central Bank anticipates an increase in inflationary pressure. According to the ECB’s management, which lowered all three interest rates on October 17, “the pace of consumer price growth will accelerate in the coming months, before falling to the target level of 2% over the next year.”
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