Lates News

IMF Chief Economist, Gita Gopinath: The Fed's move this time sends a strong signal, but central banks around the world still need to provide some form of guidance for long-term interest rates. The Fed is no longer using forward guidance with a strong monetary policy stance, which is "completely appropriate." The market will always interpret various signals released by central banks; if necessary, central banks will intervene to make adjustments to expectations.