IMF asks US Federal Reserve to delay rate rise – BBC News 06-04-15

Salient to Investors:

Christine Lagarde at the IMF said:

  • The Fed should delay any rise in interest rates until 2016 and wait for more tangible signs of wage or price inflation.
  • Pockets of vulnerability in the US economy could cause serious trouble for the wider economy.
  • The IMF predicts US growth of 2.5% in 2015 and 3% for 2016; versus the OECD prediction of 2% growth in 2015.
  • The US dollar is moderately overvalued.
  • Greece will keep its word on the debt payment due on Friday.

Read the full article at http://www.bbc.com/news/uk-33011262

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