{"id":84567,"date":"2023-05-26T23:54:40","date_gmt":"2023-05-26T19:54:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84567"},"modified":"2023-05-26T23:56:40","modified_gmt":"2023-05-26T19:56:40","slug":"imf-suggests-us-interest-rates-needs-to-be-higher-for-longer","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/imf-suggests-us-interest-rates-needs-to-be-higher-for-longer\/05\/26\/market-updates\/","title":{"rendered":"IMF suggests US interest rates needs to be higher for longer"},"content":{"rendered":"\n<p>Kristalina Georgieva, Managing Director of the International Monetary Fund, has crossed the wires with the following comments:<br><br>US economy has proven resilient in face of significan fiscal and monetary tightening -article iv review statement.<br><br>Expects US growth to be around 1.2% in 2023, picking up momentum later in 2024.<br><br>US unemployment to rise slowly to close to 4.5% by end-2024.<br><br>Strength in US demand and labor market means a persisten inflation problem.<br><br>Core US inflation will continue to fall during 2023, but remain &#8216;materially above&#8217; 2% fed target throughout 2023 and 2024.<br><br>Will be essential for fed to communicate carefully on policy path.<br><br>US interest rates will need to be higher for longer.<br><br>US needs to do more to lower the public debt.<br><br>We are very keen to see a u.s. debt ceiling resolution as soon as possible.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kristalina Georgieva, Managing Director of the International Monetary Fund, has crossed the wires with the following comments:US economy has proven resilient in face of significan fiscal and monetary tightening -article iv review statement.Expects US growth to be around 1.2% in 2023, picking up momentum later in 2024.US unemployment to rise slowly to close to 4.5% &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[10349,6885,6946,8143],"class_list":["post-84567","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-core-us-inflation","tag-fed","tag-imf","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84567"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84567\/revisions"}],"predecessor-version":[{"id":84583,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84567\/revisions\/84583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32215"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}