IMF says Federal Reserve should delay rate hike to 2016
International Monetary Fund (IMF)
Washington - Arab Today
The International Monetary Fund on Thursday called on the US Federal Reserve to put off its planned interest rate increase until next year.
The Fed "should remain data-dependent and defer its first increase in policy rates until there are greater signs of wage or price inflation than are currently evident," the IMF said in a new report on the US economy.
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