July 21, 2024

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IMF Advises US to Keep Interest Rates Steady Through Late 2024

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IMF Advises US to Keep Interest Rates Steady Through Late 2024
IMF Advises US to Keep Interest Rates Steady Through Late 2024The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks, we agreed that the Fed should keep policy rates at the current level until […]