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IMF scolds U.K. on fiscal plan that has upset financial markets

Por: MarketWatch Business September 28, 2022

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The IMF said it understood that the fiscal package unveiled on Friday is aimed at helping families and businesses deal with an energy shock and at boosting growth through tax cuts and supply measures. “However, given elevated inflation pressures in many countries, including the U.K. we do not recommend large and untargeted fiscal packages at this juncture, as it is important that fiscal policy does not work at cross-purposes to monetary... + full article



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