IMF's Georgieva sees no significant slowdown in lending - CNBC


Reuters | Updated: 05-06-2023 14:38 IST | Created: 05-06-2023 14:32 IST
IMF's Georgieva sees no significant slowdown in lending - CNBC
IMF Managing Director Kristalina Georgieva (File photo) Image Credit: ANI

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal Reserve to change course with its rate-hiking cycle, CNBC reported on Sunday, citing IMF's Managing Director Kristalina Georgieva.

"We don't yet see a significant slowdown in lending. There is some, but not on the scale that would lead to the Fed stepping back,” Georgieva told CNBC in an interview.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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