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IMF urges Fed to postpone rate liftoff to first half of 2016

Lender cuts US growth forecast for second time in three months

Published Thu, Jun 4, 2015 · 09:50 PM

Washington

THE Federal Reserve should hold off from raising interest rates until the first half of 2016, the International Monetary Fund (IMF) said as it cut its US growth forecast for the second time in three months.

The lender also said that the dollar was "moderately overvalued" and a further marked appreciation would be "harmful", in a statement released in Washington on Thursday on its annual checkup of the US economy.

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International

International

IMF urges Fed to postpone rate liftoff to first half of 2016

International

China passes tariff law as tensions with trading partners simmer

Blinken meets Chinese counterpart Wang Yi in Beijing

South Korea’s public finances no longer a credit rating ‘strength’: Fitch

UK consumer confidence improves as inflation and taxes fall

Inflation in Japan’s capital falls below BOJ target, slows for second month

China firms are investing abroad at fastest pace in eight years

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