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Interest rates may remain high until 2025: IMF chief

 Published: 11:45, 19 November 2023

Interest rates may remain high until 2025: IMF chief

Interest rates around the world may remain high until 2025, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Friday.

'Inflation is decelerating. We expect headline inflation to fall from more than 9 percent last year to 4.8 percent in 2024,' she said at a leaders' meeting of the Asia-Pacific Economic Cooperation (APEC) inter-governmental forum held in San Francisco, California.

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