The current situation shows that the widespread impact of this instability on the economies of some countries, especially on energy prices and consumer confidence, will certainly not end in the short term. Therefore, I consider a more comprehensive and objective assessment of the negative impact of these factors on the global economy by the IMF staff is justified.
3. The pillars of the monetary regime  The actions I have described so far are not about a change of policy – they are about applying the strategy of the past few years under a different scenario.