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IMF Chief Says Fed Is ‘Definitely’ Securing Soft Landing, Warns of Fragmentation
The head of the International Monetary Fund said the US economy is “definitely” headed for a soft landing thanks to the Federal Reserve’s “decisiveness” in taming inflation despite some pain from higher interest rates. “It has brought the desired impact without pushing the economy into recession,” Managing Director Kristalina Georgieva said in an interview with Christiane Amanpour on CNN International to be broadcast Tuesday. A cooling of both inflation and the labor market in the US after the steepest cycle of interest rate hikes in a generation has raised hopes that the world’s biggest economy may ... (full story)
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Not understand?better not follow my analyses!doubt clearer first, risks ++