IMF Chief Sees Monetary Policy Divergence After Inflation Fight

International Monetary Fund Managing Director Kristalina Georgieva expects global monetary policies to diverge after most major central bankers have spent the last year tightening credit conditions to slow price gains.

“We’re going to see after a period of convergence in monetary policy action — tightening rates, fighting inflation — some divergence” as, for instance, the US economy grows faster than the European Union, Georgieva said in an interview with Bloomberg Television on Friday.