WASHINGTON, Sept 21 — Central banks face a “difficult balancing act” as they start lowering interest rates around the world in the face of falling inflation, the head of the...
Bank Negara: Ringgit reaping silver lining from US Fed rate cut, recovery driven by structural reforms and positive economic outlook European Central Bank President Christine Lagarde arrives for the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S.
But as they do so they must tread carefully, International Monetary Fund Managing Director Kristalina Georgieva said at an event with ECB President Christine Lagarde in Washington. “While clearly weaker than we would have wanted, economic activity has been remarkably resilient,” she added. “While inflation is retreating, rates are going down. Recession appears to be unlikely.”
Central Banks International Monetary Fund Christine Lagarde
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