Global Inflation May Be Nearing Its Peak, IMF’s Georgieva Says

The global surge in consumer prices may be close to the high point of the current cycle but might yet prove stubborn, International Monetary Fund Managing Director Kristalina Georgieva said.

In the week that US inflation for October is likely show another outcome close to 8%, she spoke to Francine Lacqua on Bloomberg Television at the UN’s annual climate change summit in the Egyptian resort of Sharm el-Sheikh.