While GDP growth is rebounding, wages and, therefore, inflation remain subdued. That was the main conclusion of the International Monetary Fund’s annual conference concluded on Sunday.

Among others, the Conference was attended by the Presidents of International Monetary Fund, the World Bank, the Chairwoman of the U.S Federal Reserve, and the Presidents of the European Central Bank and the Bank of Japan.

The Chairwoman of the Federal Reserve, Janet Yellen, insisted that interest rate rises...