InvestorQ : If rates are hiked further, can it lead to growth slowdown in the world?
rhea Babu made post

If rates are hiked further, can it lead to growth slowdown in the world?

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Riya Dwivedi answered.
2 months ago
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As of now that is a largely hypothetical question but let us go by what the experts have said. The question that was posed to the IMF deputy managing director, Gita Gopinath, elicited a rather interesting response. The deputy managing director of the IMF, Gita Gopinath, thinks that may not happen in reality.

Gopinath also went on to add, during her address to the World Economic Forum at Davos, that global recession was not on the cards for the time being. By 2024, Gita Gopinath expects advanced nations to grow at full potential, while the emerging markets or EMs may take longer. The divergent trend will favour advanced economies over EMs.

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