Friday - May 9, 2025
IMF: First Deputy Managing Director Gopinath: Steering through the Fog - The Art and Science of Monetary Policy in Emerging Markets
May 08, 2025
WASHINGTON, May 8 -- The International Monetary Fund issued the following remark on May 7, 2025 by First Deputy Managing Director Gita Gopinath:

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Steering through the Fog: The Art and Science of Monetary Policy in Emerging Markets

(As prepared for delivery)

Good afternoon. It is a pleasure to be with you here at this critical juncture for the global economy. Since early April, the US effective tariff rate has increased to levels last seen . . .

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