“The International Monetary Fund has yet to record enough banks cutting back on lending, and that could prompt the US Federal Reserve to reverse course with the rate hike cycle”. This was stated by the managing director of the IMF, Kristalina Georgieva, in an interview with CNBC, quoted by Reuters. “The lack of a significant slowdown in lending, combined with robust US employment data released on Friday, could lead to further rate hikes”, she said. …
Kristalina Georgieva: There is no significant slowdown in Lending
