IMF’s Blanchard Says He’s ‘Not at All Worried’ by U.S. Inflation

Olivier Blanchard, the International Monetary Fund’s chief economist, said he isn’t worried about an increase in U.S. inflation and those who fear a short-term jump in prices are “plain wrong.”

Blanchard, in an interview today on the radio program “Bloomberg Surveillance” with Tom Keene, said inflation can rise because of an overheated economy or people’s expectations of cost increases.