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U.S. economy has already seen 75% of the impact from Fed’s hikes, IMF says
Around three quarters of the effects of tighter monetary policy have already fed through to the U.S. economy, according to an analysis by the International Monetary Fund. “We have to recognize that there has been a lot of resilience in the economy despite the rate hikes that we have seen ... our estimate is that for the U.S. about three quarters, or 75%, of the transmission has already gone through, and the rest will go through this year,” the IMF’s Deputy Managing Director Gita Gopinath said at a CNBC-moderated panel at the World Economic Forum on Tuesday. There is more transmission still to feed through in ... (full story)
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- Posted: Jan 16, 2024 4:17pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,593
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