IMF says Fed should wait until at least late 2024 to cut rates
It would be prudent for the Fed to wait for clearer evidence that inflation is sustainably returning to 2%US should consider scaling back tax exemptions for employer-paid health care, capital gains on the sale of primary residencesUS has a pressing need to reverse ongoing increase in public debtUS should consider progressively raising income tax rates, including those earning less than $400,000US should consider scaling back deductions for mortgage interestEveryone loves when the IMF makes suggestions on how to run a country. You can be sure the Fed and Washington will toss these recommendations right in the garbage can. This article was written by Adam Button at www.forexlive.com.
- It would be prudent for the Fed to wait for clearer evidence that inflation is sustainably returning to 2%
- US should consider scaling back tax exemptions for employer-paid health care, capital gains on the sale of primary residences
- US has a pressing need to reverse ongoing increase in public debt
- US should consider progressively raising income tax rates, including those earning less than $400,000
- US should consider scaling back deductions for mortgage interest
Everyone loves when the IMF makes suggestions on how to run a country. You can be sure the Fed and Washington will toss these recommendations right in the garbage can.
