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World Economic Forum: Interest rates to stay higher, battle against inflation not yet over: IMF s Gita Gopinath

IMF s Gita Gopinath confirmed that interest rates are likely to remain higher than during the global financial crisis period, but expects them to decrease this year. Gopinath dismissed market bets for a rate cut as premature and suggested that rates may come down in the second half of this year.

Interest rates to stay higher, battle against inflation not yet over: IMF s Gita Gopinath

Interest rates to stay higher, battle against inflation not yet over: IMF s Gita Gopinath
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Interest rates to stay higher battle against inflation not yet over: IMF s Gopinath – Kashmir Reader

Davos: Affirming that the fight against price rise is not yet over, IMF s Gita Gopinath on Tuesday said interest rates are likely to stay higher than during the period immediately after the global financial crisis. There are expectations though that it will come down sometime this year, the International Monetary Fund s First Deputy Managing Director said. Speaking at a session during the

Can Latin America escape its second lost decade?

BOGOTÁ Latin America has come to the end of its second lost decade of development. Average annual growth hovered just below 0.9 per cent for the 2014-23 period, worse than the 1.3 per cent rate in the 1980s. GDP per capita, however, is projected to be slightly higher in 2023 than in 2013, owing to slower population growth. By contrast, it was not until 1994 that the region’s

Can Latin America escape its second lost decade?

BOGOTÁ Latin America has come to the end of its second lost decade of development. Average annual growth hovered just below 0.9 per cent for the 2014-23 period, worse than the 1.3 per cent rate in the 1980s. GDP per capita, however, is projected to be slightly higher in 2023 than in 2013, owing to slower population growth. By contrast, it was not until 1994 that the region’s

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