First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, said on Saturday that the United States needs to raise revenues to bring down high budget deficits, even though they are helping to fuel global growth by stoking domestic US demand.
French central bank chief Francois Villeroy de Galhau said on Sunday that tension in the Middle East is unlikely to drive up energy prices and should not affect the European Central Bank’s (ECB) plans to begin cutting interest rates in June, per Reuters.
Speaking at the Greater Fort Lauderdale Alliance in Florida on Thursday, Atlanta Federal Reserve Bank President Raphael Bostic noted that U.S.
Ueda said that the central bank may raise interest rates again if the Yen's declines considerably increase inflation, highlighting the impact currency moves may have on the timing of the next policy shift.
European Central Bank’s President Christine Lagarde speaks in Washington, DC.