Nandalal Weerasinghe, governor of the Central Bank of Sri Lanka says surprise rate cut was 'corrective', to help support economic growth.
Kristalina Georgieva, managing director at the IMF, joins 'Squawk on the Street' to discuss global economic outlooks, the synchronized action taken by central banks to tackle inflation, and the importance of price stability.
Vitor Gaspar, director of the fiscal affairs department for the IMF, discusses the global economic outlook and reasons for current pressures, as well as adjustments governments can make as their economies recover.
CNBC's Kayla Tausche reports on news from the upcoming IMF meetings.
Steve Hanke, professor of applied economics at Johns Hopkins University, says there's temporary relief but "tremendous recidivism" in the long run.
Sri Lanka is in the middle of a crippling economic crisis — and analysts say one powerful family is to blame.