Apr 19, 2024, 5:44 PM
Apr 18, 2024, 2:15 PM

The Bank of Japan was urged by the International Monetary Fund to tread cautiously in raising interest rates

BBC
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Source
IMF warns of prolonged high interest rates

Inflation is proving persistent in some countries, the fund says, making it trickier for rates to be cut.

Yahoo! News
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IMF urges Bank of Japan to tread cautiously in raising interest rates

IMF urges Bank of Japan to tread cautiously in raising interest rates. Some indicators of inflation expectations remain short of its 2% target. A weak yen had a net-positive impact on Japan's economic growth, IMF's Japan mission chief Nada Choueiri said. IMF prefers for the country to allow exchange rates to move flexibly.

Bloomberg
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IMF Urges Asia’s Central Banks to Avoid Closely Tracking Fed

IMF cautions Asian central banks against prioritizing what they think the US Federal Reserve will do as they lay out their own policy paths. IMF: Asia's Central Banks should not prioritize what they believe the Fed will do. Asian Central Banks to lay out own policy path, IMF says.

Yahoo! News
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Source
IMF tells Asian central banks not to follow Fed too closely

IMF tells Asian central banks not to follow Fed too closely. Receding expectations for a near-term interest cut by the Fed have fed steady dollar gains that have pushed down some Asian currencies such as the Japanese yen and the South Korean won. The IMF has urged Asian banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated Fed moves.

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