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.
More Stories
Canadian company in negotiations with Trump to mine seabed
Australian house prices hit new peak as rate cut drives buyer demand
Hyundai facing legal action over car that can be stolen ‘effortlessly in seconds’