Keep interest rates low despite energy price hikes, IMF urges  

Kristalina Georgieva's comments chime with those of the ECB's Christine Lagarde amid the upbeat mood in the eurozone

IMF managing director Kristalina Georgieva said she saw the possibility of a 'modest downward revision' to economic forecasts for the eurozone.

The ECB should stick with its ultra-supportive stance as long as the current bout of surging consumer prices appears to be temporary, the IMF said.

“With underlying inflation dynamics expected to remain weak over the medium term under the baseline, the ECB should look through transitory inflation pressures and maintain a highly accommodative monetary policy stance,” the Washington-based fund said in a report.