Davos Latest: IMF’s Gopinath Says Headline Inflation Has Peaked

9 days ago Yahoo Finance

Norway Fund Chief Highlights China Risk (10:20 a.m.)Nicolai Tangen, the head of Norway’s $1.3 trillion sovereign wealth fund, said the big risk for markets is how China’s emergence from pandemic restrictions will pressure prices. “The big, big uncertainty this year is what will happen with global inflation when China kicks in,” Tangen told Bloomberg TV. “Asia is very promising, particularly if you see whats happening in the post-Covid era,” Mubadala CEO Khaldoon Khalifa Al Mubarak told Bloomberg TV. “We are not actively looking,” Ronald O’Hanley told Bloomberg TV, while stressing the bank would still consider opportunities as they arise. “The Bank of Japan has a pretty complex decision to deal with,” Gita Gopinath, the IMF’s first deputy managing director, said an interview with Bloomberg TV.
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