Central banks around the world are raising interest rates, which helps them fight rising inflation, but the corresponding initiative could negatively affect financial stability. The relevant point of view was expressed by the head of the IMF. Kristalina Georgieva.
The expert pointed out that the world economic system is currently in a state of uncertainty. He shared his views in his speech at the China Development Forum on Sunday, March 26. Georgieva pointed out that the international division also led to a decline in financial stability.
Earlier, the financiers reported that at the moment there is no great hope for the development of world economic systems, and the Ukrainian crisis has become a significant negative factor.
Source: Riafan
I am Annabelle Sampson and I work for The News Dept as an author for their news department. My main focus is on economy news, but I also cover other topics such as business, finance, and current affairs. My writing has been featured in prominent publications such as The Wall Street Journal, Forbes Magazine, and the Financial Times.
