Posted inFinance

IMF Warns of Prolonged High Interest Rates, Urges Fiscal Tightening to Tackle Inflation

By Liam Cosgrove In a recent statement following its comprehensive assessment of U.S. policies, the International Monetary Fund (IMF) emphasized the need for the United States to maintain higher interest rates for an extended period to curb inflation. Additionally, the IMF urged Washington to adopt stricter fiscal measures to address the country’s mounting federal debt. […]