The Managing Director of the International Monetary Fund, Kristalina Georgieva has said that fund sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move “slightly” too late.

The US Federal Reserve, the European Central Bank (ECB) and others have held interest rates elevated in recent months in an attempt to bring inflation back down toward target, following a post-pandemic surge in prices.

With inflation now falling in many of the world’s advanced and emerging economies, attention has now turned to when they should start cutting rates to stimulate investment and economic growth.


More Posts for Show: Jubilee Breakfast
Share

Leave a Reply

Your email address will not be published. Required fields are marked *