Lagarde speech: Weak wage growth, FX appreciation to keep price pressures subdued

We expect economic activity to return to pre-crisis level by the first quarter of the next year.

We expect inflation to rise further in the coming months.

Inflation rise is driven by higher energy prices, the base effect.

By early 2022, the impact of temporary factors on inflation should fade out.

Weak wage growth, FX appreciation to keep price pressures subdued.

22 Jul 21 (Thu)

12:45 pm