IMF calls on the Fed to keep rates on hold until first half of 2016

Friday, June 5th 2015 - 06:22 UTC

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The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the US economy remains subpar. In its annual checkup of the US economy released Thursday, the IMF said “the underpinnings for continued growth and job creation remain in place.” Read full article

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ChrisR
The IMF, the last people you would ask for advice on your economy, never mind one like the US.
Jun 05th, 2015 - 11:06 am - Link - Report abuse 0
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Hepatia
http://en.mercopress.com/2015/06/05/imf-calls-on-the-fed-to-keep-rates-on-hold-until-first-half-of-2016#comment400203: Presumably you Brits would prefer the US to take its economic advice from the AIIB.
Jun 06th, 2015 - 02:22 am - Link - Report abuse 0
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