for more we can speak now to don lipski, he's a researcher of the national bureau of international research also in washington for those meetings. the real question is about the persistence of him placing. the pessimist think that central banks and advanced economies are going to have to produce the serious risk of a recession in order to meet their inflation targets. inflation optimists think that it will be more benign and a better outlook, perhaps better even than the imf and world bank are looking for. but if inflation is the key there is little reason to think we are looking towards a boom. what is your sense of how central banks particular us central bank managing inflation? given the upheaval we seen in financial markets with regards to this. certainly that is the second theme along with the outlook for the key economies is the issue of financial stability obviously, that's a key importance to the federal reserve and other central banks. right now we are in a situation which it is clear economy growth is slowing in key economies was of it is it is clear that inflation is starting to

for more we can speak now to don lipski, he's a share of the national bureau of international research and also in washington for those meetings. great to get you on the programme. in the first instance, we've heard from my colleague about the imx projections for this year and over the next few years —— i that's even suctioning dues factoring in china's foot that you agree with that?— factoring in china's foot that you agree with that? yes, broadly. the real question _ agree with that? yes, broadly. the real question is _ agree with that? yes, broadly. the real question is about _ agree with that? yes, broadly. the real question is about the - real question is about the persistence of him placing. the pessimist think that central banks and advanced economies are going to have to produce the serious risk of a recession in order to meet their inflation targets. inflation optimists think that it will be more benign and a better outlook, perhaps better even than the imf and world bank are looking for. but if inflation is the key there is little reason to think we are looking towards a boom