The International Monetary Fund (IMF) has issued a warning regarding the increasing risk of a recession in the United States. The organization also expressed support for the Federal Reserve’s interest rate policies, stating they are necessary to combat inflation. The IMF noted that while the Fed’s actions may slow economic growth, they are crucial for stabilizing prices and ensuring long-term economic health. This stance comes amid concerns over potential overheating in the U.S. economy due to aggressive monetary tightening.
— new from Financial Times