US economy will ‘narrowly avoid’ recession in 2022 and 2023: IMF

The Fed’s plan of quickly getting its benchmark rate to 3.5% to 4% “should create an upfront tightening of financial conditions which will quickly bring inflation back to target,” Managing Director Kristalina Georgieva told reporters.

US economy will ‘narrowly avoid’ recession in 2022 and 2023: IMF
The Fed’s plan of quickly getting its benchmark rate to 3.5% to 4% “should create an upfront tightening of financial conditions which will quickly bring inflation back to target,” Managing Director Kristalina Georgieva told reporters.