Economic Indicators
G7 determined to halt rise in inflation – German finance minister
2022.05.20 15:27
Germany’s Finance Minister Christian Lindner looks on after a family photo during the G7 Summitin Koenigswinter, near Bonn, Germany May 19, 2022. REUTERS/Thilo Schmuelgen
KOENIGSWINTER, Germany (Reuters) – The Group of Seven economic powers are determined to stop the rise in inflation, German Finance Minister Christian Lindner said on Friday after hosting a meeting with his G7 counterparts.
Lindner also said that inflation needed to get back to 2% quickly and that central banks had a “great responsibility” to help get inflation under control in G7 economies.