OECD warns over ending stimulus policies despite inflation pressures

Tue, 21 Sep 2021 11:31:37 GMT 4

OECD warns over ending stimulus policies despite inflation pressures


Top economic thinktank says recovery from the Covid-induced recession is not yet complete

The west’s leading economic thinktank has warned governments and central banks against an over-hasty withdrawal of support for growth amid concerns that recovery from the pandemic-induced recession is incomplete.

The Paris-based Organisation for Economic Co-operation and Development (OECD) said a continuation of the stimulus policies of the past 18 months was justified because the recent pickup in inflation was likely to prove temporary.

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Source link for full text: https://www.theguardian.com/business/2021/sep/21/oecd-stimulus-policies-inflation-covid-recession


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