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
Bodies recovered from illegal goldmine in South Africa where many feared dead
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade
Italy seeks to protect restaurants and hotels from fake and paid-for reviews