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G7 determined to halt rise in inflation - German finance minister

Published 05/20/2022, 08:05 AM
Updated 05/20/2022, 08:12 AM
© Reuters. 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.

Latest comments

2% only helps when inflation is less than 2%. smdh.
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