Lagarde calls not to rush to raise US interest
9/7/15
Washington: The Director of the International Monetary Fund Christine Lagarde, said that the Council of the US Federal Reserve should not rush to make a decision to raise interest rates, and not to move in this direction, but when it is sure that the decision is unlikely to back him in the post.
Lagarde said Director-General of the Fund, based in the US capital and Ashent, in a press conference, said that the finance ministers and central bank governors of the Group of Twenty discussed the issue extensively during their meeting in Ankara.
She added, "so what we have said is that the International Monetary Fund believes that it is better to make sure that the data completely uncertain, and that there are no doubts, both in terms of price stability, or at the level of employment and unemployment, before embarking on such a move." And it found that "this requires that this step comes in the expected time frame, and not necessarily that it be advanced, or to actually come behind him."
And many emerging economies feel concerned about what may be caused by the US central bank to raise interest rates from a large influx of capital from those countries into dollar-denominated assets, which could cause disturbances markets harmful to growt
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9/7/15
Washington: The Director of the International Monetary Fund Christine Lagarde, said that the Council of the US Federal Reserve should not rush to make a decision to raise interest rates, and not to move in this direction, but when it is sure that the decision is unlikely to back him in the post.
Lagarde said Director-General of the Fund, based in the US capital and Ashent, in a press conference, said that the finance ministers and central bank governors of the Group of Twenty discussed the issue extensively during their meeting in Ankara.
She added, "so what we have said is that the International Monetary Fund believes that it is better to make sure that the data completely uncertain, and that there are no doubts, both in terms of price stability, or at the level of employment and unemployment, before embarking on such a move." And it found that "this requires that this step comes in the expected time frame, and not necessarily that it be advanced, or to actually come behind him."
And many emerging economies feel concerned about what may be caused by the US central bank to raise interest rates from a large influx of capital from those countries into dollar-denominated assets, which could cause disturbances markets harmful to growt
[You must be registered and logged in to see this link.]
Report to moderator Logged