IMF Chief forecasts lower inflation and rates ahead, advises everyone to cheer up ...Middle East

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International Monetary Fund Managing Director Kristalina Georgieva spoke in an interview with CNN on Tuesday, forecasting lower inflation ahead:"People should be feeling good about the economy because they finally would see relief in terms of prices," Praised FOMC rate hikes:"While that has been painful, especially for small businesses, it has brought the desired impact without pushing the economy into recession"Advises you lot to cheer up:"My message to everyone is, you have a job and interest rates are going to moderate this year because inflation is going down. Cheer up. It is a new year, people"Her outlook for the US economy:“definitely” headed for a soft landingthe Federal Reserve’s “de

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Last updated : 03 January 2024 clock 01:13 AM

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IMF Chief forecasts lower inflation and rates ahead, advises everyone to cheer up ...Middle East

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