IMF Chief Tells Policymakers To 'Think Of The Unthinkable And Prepare For It' Amid Iran WarKristalina Georgieva, the managing director of the International Monetary Fund, on Monday warned that policymakers should prepare for the “unthinkable” amid the disruption prompted by the war in Iran.“If the new conflict proves prolonged, it has clear and obvious potential to affect market sentiment, growth, and inflation, placing new demands on policymakers,” she said.Georgieva explained that if we record a 10% rise in oil prices through most of this year, that could result in a 40-basis-point increase in global inflation.But even if the conflict were to end soon, Georgieva said "some new shock will follow.""My advice to policymakers everywhere in this new global environment? Think of the unthinkable and prepare for it," she added.See All UpdatesClose