IMF: US interest rates will need to be higher for longer – by fx_ross IMF DollarIndex Politics
Kristalina Georgieva, Managing Director of the International Monetary Fund, has crossed the wires with the following comments:
US economy has proven resilient in face of significan fiscal and monetary tightening -article iv review statement.US unemployment to rise slowly to close to 4.5% by end-2024.Core US inflation will continue to fall during 2023, but remain 'materially above' 2% fed target throughout 2023 and 2024.US interest rates will need to be higher for longer.We are very keen to see a u.s.
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