Sunday 11 October 2015

IMF: keep interest rates low or risk another crash | Business | The Guardian

IMF: keep interest rates low or risk another crash | Business | The Guardian:

"The International Monetary Fund concluded its annual meeting in Lima with a warning to central bankers that the world economy risks another crash unless they continue to support growth with low interest rates.

The Washington-based lender of last resort said in its final communiqué that uncertainty and financial market volatility have increased, and medium-term growth prospects have weakened.

“In many advanced economies, the main risk remains a decline of already low growth,” it said, and this needed to be supported with “continued accommodative monetary policies, and improved financial stability”."



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