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- IMF's president Georgieva: Monetary policy should remain accommodative in most economies
IMF's president Georgieva: Monetary policy should remain accommodative in most economies
- It is essential that U.S. and other countries with accelerating recoveries avoid overreacting to transitory inflation pressures
- Higher U.S. interest rates could lead to sharp tightening of global financial conditions, significant capital outflows from emerging economies
- Monetary policy should remain accommodative in most economies and only tighten where inflationary pressures are high and expectations not firmly anchored
- There is risk of more sustained rise in U.S. inflation or inflation expectations; this situation could require sooner-than-expected policy tightening in U.S.
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