The International Monetary Fund does not see higher oil prices as a threat to global economic recovery and supervise a new cycle of expansion of United States policy, a senior IMF official said Saturday.
"No, it seems that the current price of energy seems to respond to the increasing undoubtedly relatively close to a beach that seemed to coincide with the continued expansion of the global economy, the first Executive Director, John Lipsky told reporters at the framework of a meeting of policymakers in Kuwait.
Asked about the decision of the Federal Reserve this week to increase the monetary easing with a commitment to buy $ 600 billion of public debt in an attempt to strengthen a faltering U.S. recovery, Lipsky says: "We will closely monitor to see the impact of this development. "
The IMF chief economist Olivier Blanchard said Thursday that economic stimulus from the Fed could boost capital flows in emerging markets, which could have a destabilizing effect.
The decision of the U.S. central bank has drawn criticism from several countries who say it creates instability in the global rise of their currencies against the dollar, which could inflate asset bubbles and fuel inflation in their economies.
"No, it seems that the current price of energy seems to respond to the increasing undoubtedly relatively close to a beach that seemed to coincide with the continued expansion of the global economy, the first Executive Director, John Lipsky told reporters at the framework of a meeting of policymakers in Kuwait.
Asked about the decision of the Federal Reserve this week to increase the monetary easing with a commitment to buy $ 600 billion of public debt in an attempt to strengthen a faltering U.S. recovery, Lipsky says: "We will closely monitor to see the impact of this development. "
The IMF chief economist Olivier Blanchard said Thursday that economic stimulus from the Fed could boost capital flows in emerging markets, which could have a destabilizing effect.
The decision of the U.S. central bank has drawn criticism from several countries who say it creates instability in the global rise of their currencies against the dollar, which could inflate asset bubbles and fuel inflation in their economies.

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