Loan Digest

IMF Chief Sees Monetary Policy Divergence After Inflation Fight

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

International Monetary Fund Managing Director Kristalina Georgieva expects global monetary policies to diverge after most major central bankers have spent the last year tightening credit conditions to slow price gains.

“We’re going to see after a period of convergence in monetary policy action — tightening rates, fighting inflation — some divergence” as, for instance, the US economy grows faster than the European Union, Georgieva said in an interview with Bloomberg Television on Friday.

The IMF last month raised its outlook for the world economy this year, partly on expectations for a soft landing in the US, seeing global gross domestic product growing 3%. However, it warned of lingering downside risks from higher interest rates and Russia’s war in Ukraine.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed Latest: IMF Chief Sees Monetary Policy Diverging on CPI DuelInternational Monetary Fund Managing Director Kristalina Georgieva expects global monetary policies to diverge after most major central bankers have spent the last year tightening credit conditions to slow price gains.
Source: BNNBloomberg - 🏆 83. / 50 Read more »