Lagarde Says Growth, Inflation Risks Are More Balanced

The transcript discusses the balanced risks to the economy due to the ongoing war in Ukraine, potential global economic downturns, and the pandemic. It highlights the possibility of an energy shock fading faster than expected, which could support growth. The inflation outlook is also balanced, with potential upward pressures from existing pipeline pressures and China's economic rebound, while falling energy prices could slow inflation. The transcript emphasizes the importance of monitoring these factors for their impact on economic growth and inflation.

What obstacles might the recovery face if the pandemic were to re-intensify?

In what ways could the energy shock fade away faster than anticipated?