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advanced economies

advanced economies latest

IMF predicts interest rates in advanced economies will return to pre-pandemic levels
April 11th, 2023 - 07:41 GMT

IMF: interest rates to fall to pre-pandemic levels

ALBAWABA - The International Monetary Fund (IMF) predicted that interest rates in advanced economies will eventually drop to levels similar to those seen before the COVID-19 pandemic. Gradually, the IMF added, that the rates will decline in emerging economies as well. While central banks are currently fighting the soaring inflation with high interest rates, IMF analysts believe that when inflation is back under control, advanced economies will likely ease monetary ...
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