The IMF expresses its support for Fed to halt it rate hike cycle.
IMS spokesman Gerry Rice said: “Given the range of global uncertainties facing the U.S. economy, we support the Fed’s decision to be patient in determining future changes to the Federal Funds rate”.
Also, “the Federal Reserve’s continued adherence to the principles of data dependence and clear communication, we believe, will help to minimize any market disruptions and spillovers from its policy decisions.”
