Jun 25, 2022 11:36 AM (GMT+8) · EqualOcean
[IMF: the U.S. economy may slow down in the next two years and will barely avoid recession] on June 25, the International Monetary Fund issued a statement on Friday that the U.S. economy may slow down in 2022 and 2023, but with the Federal Reserve implementing its interest rate tightening plan to curb inflation, the U.S. economy will barely avoid recession. The current policy focus must be to quickly slow the growth of wages and prices without triggering a recession. This will be a thorny task. IMF President Georgieva said: the Fed's plan to quickly raise the benchmark interest rate to 3.5% to 4% should tighten the financial situation in advance, so as to quickly bring inflation back to the target level. We are aware that the road to avoiding a recession in the United States is getting narrower and narrower. The current price pressures facing the United States are widespread, far beyond the rise in energy and food prices. (Golden ten)

This text is a result of machine translation.