IMF, rate cut is neither too early nor too fast - Last hour

2024-02-26T14:23:04.861Z

Highlights: IMF, rate cut is neither too early nor too fast - Last hour. "Inflation is returning to target faster than expected" and the slowdown in prices "has fueled expectations of interest rate cuts by the major central banks" This was stated by the International Monetary Fund in the document prepared for the G20 of economy ministers and central bank governors on 28 and 29 February in San Paolo. The Fund invites central banks to move with caution, to follow inflation developments and "avoid easing too early or too quickly"

"Inflation is returning to target faster than expected" and the slowdown in prices "has fueled expectations of interest rate cuts by the major central banks". (HANDLE)