imf risks higher in an early fed rate hike
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
Egypt Today, egypt today

IMF: Risks higher in an early Fed rate hike

Egypt Today, egypt today

Egypt Today, egypt today IMF: Risks higher in an early Fed rate hike

US Federal Reserve
Washington - Arab Today

An early interest rate hike by the US Federal Reserve would involve higher risks than would waiting for a bit longer, the chief economist of the International Monetary Fund told AFP.

"I'm not sure that the risks of acting are gigantic, but they're certainly higher," said Maurice Obstfeld, adding: "If for any reasons the Fed had to reverse that first interest rate increase, markets would interpret it as a big deal."


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imf risks higher in an early fed rate hike imf risks higher in an early fed rate hike



 
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