IMF Chief Says Fed Is ‘Definitely’ Securing Soft Landing, Warns of Fragmentation
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Kristalina Georgieva
Photographer: Lionel Ng/BloombergThis article is for subscribers only.
The head of the International Monetary Fund said the US economy is “definitely” headed for a soft landing thanks to the Federal Reserve’s “decisiveness” in taming inflation despite some pain from higher interest rates.
“It has brought the desired impact without pushing the economy into recession,” Managing Director Kristalina Georgieva said in an interview with Christiane Amanpour on CNN International to be broadcast Tuesday.