Kristalina Georgieva discusses protracted high interest rates and first term dominated by two ‘unthinkable’ events
The head of the International Monetary Fund has warned that victory in the fight against inflation could spell trouble for financial markets by forcing central banks to keep interest rates high until 2025.
In a Guardian interview before next week’s IMF annual meeting in Marrakech, Kristalina Georgieva said there was a risk of borrowing costs staying high for a protracted period, with knock-on effects for asset prices.
About Author
More Stories
KFC plans to invest £1.5bn in UK and Ireland, creating thousands of jobs
Leading tax expert calls out ‘confected outrage’ of wealthy Australians over Labor’s $3m super plan
Shein turns to Hong Kong for flotation as London attempt stalls, reports say