SUBSCRIBERS

IMF urges Fed to delay rate hike till H1 of next year

Rise in US dollar strength can reignite global financial imbalances, it warns

Published Tue, Jul 7, 2015 · 09:50 PM

Tokyo

IN an unusually explicit policy suggestion, the International Monetary Fund (IMF) on Tuesday urged the US Federal Reserve to delay raising interest rates "until there are greater signs of wage or price inflation" in the US - probably in the first half of 2016.

In its annual Article IV report on…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes