International Monetary Fund Chief Warns Against Premature Interest Rate Cuts to Tackle Stubborn Inflation
Thursday, 11 April 2024, 17:12
IMF Chief Warns Against Rate Cuts
Kristalina Georgieva of the IMF cautions that premature interest rate cuts could exacerbate the issue of high inflation, urging central banks to exercise restraint. High inflation remains a persistent challenge in economies worldwide.
Global Economic Impact
The decade could witness sluggish growth with inflation pressures hampering recovery efforts.
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