IMF SAYS MONETARY POLICY MUST BE READY TO TIGHTEN IF WAR FUELS INFLATION - BUSINESS NEWS

What happened: The IMF said monetary policy must be ready to tighten if the Middle East war fuels stronger inflation pressures. It said the warning is conditional, not a call for an immediate rate increase. Key numbers: Headline inflation was 8 percent year-on-year in September. Why it matters: The IMF is concerned about second-round effects spreading into other prices and inflation expectations. Tighter policy could raise borrowing costs for businesses and households.

IMF warns monetary policy may need tightening if war fuels inflation.

IMF warns monetary policy may need tightening if war fuels inflation. — impact context not separately stored; see What changed.