IMF warns US Federal Reserve to hold fire on rate hikes
IMF boss Christine Lagarde says although she believes the underpinnings for continued expansion in the US are still there, rates should be kept at zero until at least the first half of 2016.
Jason Walls Fri, 05 Jun 2015
The International Monetary Fund (IMF) has warned the US Fed to hold fire on hiking interest rates until next year.
Rate hikes should be put on hold until there are “clear signs of recovery” in the US economy and inflation and wages pick up, the IMF says.
This comes after the IMF slashed its US
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
