Tag: Julie Kozack

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IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

October 7, 2024

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability. IMF Urges El Salvador to Tackle Bitcoin…
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IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead

June 9, 2023

On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for longer” than anticipated. IMF Calls for Extended High Interest Rates…
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