IMF Urges Spending Restraint as Governments Fight Inflation

A.M. Edition for Oct. 13. The International Monetary Fund is encouraging governments to limit their spending on inflation-relief measures to low-income households and avoid blanket tax cuts and subsidies. WSJ international economy reporter Yuka Hayashi explains why the IMF issued that call and whether countries are likely to listen. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices