OECD Says G-7 Recovery Gaining Strength, Sees Price Risks

The Organization for Economic Cooperation and Development said an economic recovery among the world’s most advanced economies is gathering strength and called faster inflation a threat.

“With financial conditions improving across the board, it seems likely that the recovery is becoming self-sustained,” the Paris-based organization said in its interim assessment published today. While “public finances remain in distress in most OECD countries,” some central banks “will need to deal with a risk that inflation expectations may become unanchored.”