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IMF Nations Discuss ‘Significant Risks’ Of Rising Global Food Prices

WASHINGTON (Lesley Wroughton and Isabel Versiani) – International Monetary Fund member countries sought to bridge sharp differences over the global economy, acknowledging that rising inflation in emerging markets poses a risk to rich countri…

WASHINGTON (Lesley Wroughton and Isabel Versiani) – International Monetary Fund member countries sought to bridge sharp differences over the global economy, acknowledging that rising inflation in emerging markets poses a risk to rich countries too.

Addressing one of their biggest challenges, the 187 IMF nations on Saturday recognized the alarm among developing countries about huge inflows of speculative cash that are stoking their growth but also their inflation rates.

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