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IMF sees 'prudently hawkish bias' appropriate for many countries' monetary policy

Seeking Alpha ·

Seeking Alpha reports: With inflation exceeding targets in many countries around the world, "Now may be a good time for a prudently hawkish bias in many countries' monetary policy," said Kristalina Georgieva, managing director of the International Monetary Fund on Wednesday. "And it is highly appropriate that the U.S. Federal Reserve, the ECB, and the Bank of Japan have all raised rates and spoken firmly, with future policy rate paths repricing accordingly," she stated in a speech ahead of…

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