Economics

IMF Warns Europe That Supply Snarls May Drag Into 2023, Test ECB

  • Issue ‘raises challenges for monetary-policy makers’
  • Keeping inflation expctations stable is key, IMF says
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Supply disruptions took a chunk out of euro-area economic growth last year and may persist into 2023 because of the pandemic, presenting a test for the European Central Bank, the International Monetary Fund warned.