Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down to target and avoid a rebound in price pressures, the International Monetary Fund said on Thursday.The warning comes amid a signif
Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down to target and avoid a rebound in price pressures, the International Monetary Fund said on Thursday.
"Central banks should communicate the likely need to keep interest rates higher for longer until there is evidence that inflation — including wages and prices of services — has sustainably returned to the target," the head of the IMF's Monetary and Capital Markets Department, Tobias Adrian, and his two deputies wrote in a blog post.
The disconnect was on show on Wednesday when the U.S. Federal Reserve raised its policy rate and Fed Chair Jerome Powell reiterated that the central bank does not plan to cut rates this year as it needs to see goods disinflation followed by marked progress in the services sector, which is forecast to take longer.
The S&P has risen more than 7 per cent this year and is up more than 15 per cent from its low in mid-October.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
For Asean countries, IMF sees slower global growth outweighing China reopeningSINGAPORE – International Monetary Fund (IMF) economists said on Tuesday (Jan 31) that Singapore and other Southeast Asian economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening. Chief economist Pierre-Olivier Gourinchas told a news briefing on the IMF's latest global growth forecasts these forces prompted the IMF...
続きを読む »
India central bank asks local banks for details of exposure to Adani group: ReportNEW DELHI: India's central bank has asked local banks for details of their exposure to the Adani group of companies, government and banking sources said on Thursday (Feb 2). India's ce
続きを読む »
Exclusive-Paris Club to give Sri Lanka financing assurances amid IMF debt talks - sourcesLONDON : The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The informal group of bilateral lenders is set to 'so
続きを読む »
Global investment banks project jump in yuan in 2023SHANGHAI : Global investment banks have raised their forecasts for the Chinese yuan this year on expectations the country's economic reopening and Beijing's decision to relax property sector curbs will trigger strong capital inflows.The bullish forecasts follow Beijing's exit from a crippling zero-COVID s
続きを読む »
Ancient ruins discovered in central China's HenanChinese archaeologists believe it may be the site of the guarding household set up for Cao Cao’s mausoleum during the Northern Song Dynasty. Read more at straitstimes.com.
続きを読む »
Hong Kong central bank raises interest rate after Fed hikeHONG KONG : The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.0 per cent, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.Hong Kong's monetary policy moves in lock-step with the Unite
続きを読む »