The International Monetary Fund will once again raise the alarm about inflation

The outlook for interest rates will take center stage when the International Monetary Fund holds its annual meeting next week.

The head of the financial organization, Kristalina Georgieva, will use the meeting in Marrakesh, Morocco, to warn that interest rates must remain high for some time to bring inflation back under control.

And she will warn that the recovery from the shocks of recent years – from the pandemic to the war in Ukraine and rising energy prices – will be “slow and uneven”.

Georgieva said: “Winning the battle against inflation requires interest rates to stay higher for longer.”