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Markets are pricing in rate cuts too soon, IMF’s Gopinath says

IMF's Gopinath: Uncertainty means ECB interest rates should stay higher for longer

Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first deputy managing director of the International Monetary Fund, told CNBC Tuesday.

“We also have to recognize that central banks have done quite a bit … But that said, we do think they should continue tightening and importantly they should stay at a high level for a while,” Gopinath told CNBC’s Annette Weisbach at the…


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Sources: Kane unavailable amid Bayern interest

Call for powers to strip bad landlords of their properties after death of toddler

Call for powers to strip bad landlords of their properties after death of toddler