IMF's Gourinchas says right for US to cut rates though inflation risk not gone | Republic Business

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Published 07:51 IST, August 24th 2024

IMF's Gourinchas says right for US to cut rates though inflation risk not gone

US Fed has maintained its benchmark interest rate in the 5.25 per cent to 5.5 per cent range for more than a year, a level policymakers feel is curbing economy.

Economy
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Reported by: Thomson Reuters

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IMF economic counsellor Pierre-Olivier Gourinchas

IMF economic counsellor Pierre-Olivier Gourinchas | Image: IMF

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07:51 IST, August 24th 2024