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IMF says central banks should not rush into rate cuts
"Our team has looked back in history, and the conclusion they drew is that the risk of premature easing is higher than the risk of being slightly behind," Georgieva said.
Italian Premier Giorgia Meloni (L) welcomes International Monetary Fund managing director Kristalina Georgieva (R) at the Italy-Africa conference at the Italian Senate in Rome, Italy. (Photo by AFP)
By: NewVision Reporter, Journalists @NewVision
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The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late,