Forex and other markets news
9.05.2023, 14:13
IMF continues to worry about banks
IMF continues to worry about banks
International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas said on Monday that the IMF remains concerned about the turbulence that occurs when the IMF does not. Long ago in the banking sector Although the governments of the United States and Switzerland have stepped in to help troubleshoot banks.
In an interview with reporters in Paris Mr Gurinchas said The problems in the banking sector are not yet over. And banks in the European Union (EU) are not immune to problems as long as the EU refuses to finish discussing mechanisms for dealing with bankruptcy. After a long discussion on the subject
"We're a little worried about the recent turbulence in the banking sector," Gurinchass said.
“Even though until now the government has been able to quickly manage problems in the banking sector. But the problem is not over yet.”
Mr. Gurichas said about monetary policy that Tightening monetary policy will take time to affect inflation. We are entering a time when tightening monetary policy is beginning to affect inflation.
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