The IMF’s Next Test
With the Fed considering a QE exit and interest-rate hikes in the next year, global markets are set to experience significant turbulence. Rather than waiting for a crisis to develop before intervening, the IMF should provide “forward guidance” on how it will mitigate looming volatility.
https://prosyn.org/01XiSBT
CAMBRIDGE – In October, central bankers, policymakers, private-sector executives, academics, and representatives of civil-society organizations will convene in Washington, DC, for the annual joint meeting of the International Monetary Fund and the World Bank. Among the most important outcomes this year will be the IMF Board of Governors’ decision regarding how to address current international monetary issues.