IMF, 'Europe not the time to cut rates' - Last hour
10/13/2023, 12:05:49 PM
Highlights: IMF, 'Europe not the time to cut rates' - Last hour. The IMF recommends that Europe maintain interest rates at current levels, postponing cuts. In the fight against price growth "it is better to make a mistake in doing a little more than in doing m... (ANSA). The time for rate cuts will eventually come. That moment is not now. Urgency also requires patience" - Alfred Kammer, director of the International Monetary Fund's Europe department, writes.
The IMF recommends that Europe maintain interest rates at current levels, postponing cuts, to definitively tame inflation since in general, in the fight against price growth "it is better to make a mistake in doing a little more than in doing m... (ANSA)
The IMF recommends that Europe maintain interest rates at current levels, postponing cuts, to definitively tame inflation since in general, in the fight against price growth "it is better to make a mistake to do a little more than to do less".
Alfred Kammer, director of the International Monetary Fund's Europe department, writes, adding that "the time for rate cuts will eventually come. In that case, it is better that these cuts do not lead to backward marches. That moment is not now. Urgency also requires patience."
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