SG Talk

Georgieva said that combined with a resilient U.S. jobs report on Friday, that it could hike further.

“The pressure that comes from incomes going up and in unemployment being still very, very low, means that the Fed will have to stay the course and perhaps in our view, they may need to do a little bit more,” she said.

https://www.cnbc.com/2023/06/05/the-imf-...-cnbc.html

Fed is behind the curve again, they should do a 100 basis points to put out inflation.

Dont laugh!

“The pressure that comes from incomes going up and in unemployment being still very, very low,...... "


........ 

So, low unemployment is no good!