(Reuters) – Global policymakers have truly made spectacular improvement in coping with rising price of residing with out inflicting an financial downturn, but some job continues to be to be carried out, International Monetary Fund Managing Director Kristalina Georgieva claimed in Davos.
“The head of the genie is in the bottle, most of the body of the genie is in the bottle, kind of getting stuck there, but the legs are kind-of hanging still out,” Georgieva knowledgeable the World Economic Forum when requested if the ‘genie’ of rising price of residing had truly been beat. “We need to push it all the way down.”
(Reporting by Balazs Koranyi; Editing by Kevin Liffey)
