Thursday, June 4, 2015

IMF lowers US growth forecast and asks for delay on high … – Economy – iG

The IMF (International Monetary Fund) announced on Thursday (4) the annual review report of the US economy. In the document, the fund reduces the growth forecast of the North American country and also asks that the Fed (US central bank) delays the rise in interest rates until the first half of 2016.

For 2015, the growth pevisão is now 2.5%. In April, the IMF estimates that number was reached to 3.1% by the end of the year. For next year, the fund forecast follows at 3%. According to the IMF, the fall in the US economy is a “temporary brake”.

High interest

The Fed had proposed the first high interest rates for the second half of this year, seeking an economic recovery. It would be the first such measure in nine years. Entretant, the IMF also called for a delay this high.

“There is a strong argument to wait to raise interest rates until there are more tangible signs of inflation in wages or prices, which are currently evident,” the fund said in the report.

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