IMF says risks to financial stability have increased, calls for vigilance

IMF says risks to financial stability have increased, calls for vigilance

International Monetary Fund Managing Director Kristalina Georgieva. File | Photo Credit: Reuters Risks to financial stability have increased, International Monetary Fund chief Kristalina Georgieva said in a speech delivered in Beijing on March 26, calling for continued vigilance despite moves by advanced economies to calm market stress. The IMF managing director reiterated her view that 2023 would […]

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Global leaders welcome nomination of Ajay Banga as World Bank president

Global leaders welcome nomination of Ajay Banga as World Bank president

Political leaders and industry captains on February 24 hailed Indian American Ajay Banga’s nomination as World Bank president, saying he is an inspired choice and a phenomenal addition to the list of Indian-origin leaders at the helm of globally impactful organisations. President Joe Biden on Thursday announced that the U.S. is nominating Mr. Banga to […]

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IMF chief wants central banks to keep raising rates to hit ‘neutral’ level

IMF chief wants central banks to keep raising rates to hit ‘neutral’ level

‘It would take until 2024 for the positive effect of central banks raising rates globally to be felt,’ said International Monetary Fund chief Kristalina Georgieva ‘It would take until 2024 for the positive effect of central banks raising rates globally to be felt,’ said International Monetary Fund chief Kristalina Georgieva International Monetary Fund chief Kristalina […]

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