Thursday 20 February 2014

IMF warns risk in withdrawing stimulus

The IMF is urging the United States and other advanced economies... to not pull back on their stimulus programs too quickly.
The IMF says a slow retreat would be best for the recovery of the global economy, given the recent volatility in some emerging markets.
The IMF and policymakers in emerging economies are calling for better coordination of central bank EXIT plans.
The IMF said in a briefing note for the upcoming G-20 meeting that the global growth outlook remains similar to the forecast in January, which was 3.75 percent for this year and 4 percent in 2015. However, new risks have emerged because of inflation in the Eurozone. Emerging markets are calling for sound policies and flexible exchange rates to calm the turbulence.
Source: CCTV

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